@Hernan Guelman, I don't recommend raising your deposit percentage just so you can massage the figures into showing a (small) positive cash flow return.

Just plan on doing some fix-ups and repairs - anything to enhance the value of the property.

They just ensure you sent the necessary paperwork to document the transaction.A Checkbook IRA LLC is an enhancement on this structure, and makes sense if you will have a decent amount of interaction with the investments, as is generally the case with rental property.  

I would Echo what Chris said, and add that things like hiring a property management firm, or a credit enhancement ( 6 mos. - year of debt service in an escrow account) if you had it to tie up,  would help to get the deal done. 

After the presentation I immediately upgraded my mentality and account from a "normal Joe" to  PRO to enhance my experience and utilize all that BP has to offer. 

Between you, Jay and Ming my common sense is enhanced. 

It can't be the $250 you need but maybe your ego needs to be massaged.

These primary laws grant two main powers to agencies related to the laws passed. 1. the power to interpret the law and to make rulings, changes, amend or supplement regulations to enhance the administration and operations of the laws enacted for the public good.

If you can enhance your returns using leverage, all the better.  

The neighbors mentioned they were occasionally spraying the outside steps as the bugs were just spilling out.I'm the kind of newbie investor that gets really excited about the potential for a property - I literally spent hours at a time in my first rental planning out the rehab and envisioning what I was going to do to the property to make it look great - exposing brick, reconfiguring upstairs layout, enhancing outdoor space, etc.