Real Estate Investing is not supposed to be a way to generate income when you have none.

However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail

TD operates in Florida ...

What would one recommend investing in a Major downtown, metropolitan area, like downtown LA or SD for generating positive cash flow?

I've actually spoken at planning commission hearings before when I either supported or opposed certain businesses that tried to obtain a use permit to operate near my house. 

Or is the water bill $2000 from laundry, if so is it coin operated laundry machine?

Can they get 20% or moreSo many houses to flip with cash which pay much more than that My loans generate well over 12%.

I prefer to outsource as much as possible so that I can focus on operations and optimize our return-on-investment. 

One idea may be to flip one to generate cash and then re-invest your cash into a rental property.

. $1.8Mil AV FMV Purchase for $650K and Seller willing to work with us.Clearly, the property value shows a deal, however, If not for the high income generation per unit, Our Model yields We doubt that buyers are lining up.