Hi all, been lurking around the forums for a couple weeks and thought I should pop my head up and say hi. 

I will keep looking if something pops up.I did the numbers for different scenarios and I come up short on the money if I rent or get a loan up front (unless it is a multi-unit rental property that covers my mortgage payments).

Except thanks to the IRS 1031 rule, we are selling a property making $895/month for $200k and we are rolling that money, tax-deferred, into another property making much more and have money to spare to buy another one that cash flows better, as well.We have a lot of cash sitting on this side not earning anything right now, but if a deal pops up, we expect to see a rent of around $1400/month for a $140k home. 

Pop-up talking people?

I then plugged that info into the rental calculator on this site along with the other info she provided and it pops out negative cash flow.  

Look in the lower left corner of the screen for my name to pop up and click on it.  

It doesn't always work for me, but if you type @ and the first few letters of the user ID, the name should pop up in the lower left hand corner for you to click on.I belong to and participate in two real estate groups, a local city one and the Washington Landlord Association (walandlord.com).  

A few questions that pop into my head immediately::1) The obvious questions about money / commissions.2) What kind of contacts they have with potential investors / buyers.3) What would be their marketing plan?

Problem is, I don't know where to put "principal" because while I want my spreadsheet to pop out what's needed for my CPA I also want to see the end of the day cash in and cash out net.

Well in this particular case there were just too many flags that popped up so I am going to pass.