Having inquiries rarely negatively affects your scores.

Now with time and rent growth, what could be a negative cash flow property might very well become a cash flow king, but that takes patience.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.And think of it this way too... if you house hack 3 properties, and then 1031 exchange them into larger properties you'll likely achieve finanial independence within 6-10 years.... just by house hacking.Hit me up if you want to chat about different strategies to get started in the area and then how to responsibly grow your portfolio.

update on deal: the rent rolls for the property were extremely low ( 6 unit complex gross revenues of 4200) it would have been negative cashflow property and there were long term contracts ( any where from 6 to 10 years ) in place that we had to honor upon purchase.

I’ve gotten a great return over the last 7 years on a property with NEGATIVE $800/mo cashflow.

But if you don't even answer the question posted, you're not contributing at all other than being negative solely because it's something you wouldn't do.People partner on deals all the time.

The stories and statistics on the dangers around meeting strangers in person are sobering, but well worth understanding. 

Most of the feedback from the showings was that they loved the house but the only negative feedback was the absence of a second full bathroom.

However, electric resistance heating is a big negative, so I agree that replacing that system is mandatory.

Hi Bigger Pockets - long time lurker.Part of my procrastination in buying SFR rentals in 2016 has been that my calculations show negative returns, thus no cash flow.

Otherwise, it's a great way to lose your principle, other assets and negatively impact your credit.