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.Something that would be advantageous for you to do would be to go talk to a loan officer and ask them questions; it's free to do.

But houses around here usually sell quickly.

@Nerissa Marbury you know one place you could check is the sears outlet stores, there are usually stoves available.

Origination/administration fee 6% due when the clients receives the money and the interest (usually 4-7%) can be deferred until repayment.

This is the first that I've heard anything about them refusing to complete the rehab. their usual response is to stall and put people off.

@Jacob Breazile there are usually a few events up here per month so maybe I'll run into you at one!

Do you consider a property to be negatively cashflowing if the “negative” portion is actually paying principal?

I recently attempted to purchase a condo that needed a bit of kitchen/bath Reno; I found HOA detail on the MLS and its usually include there’s or Zillow by the way.

No Evictions, EVERI also tell them there is a $35.00 non-refundable background check that THEY will pay for through SmartMove.I still end up with a wide pool to choose from...........then when I meet them...........The best qualified tenant somehow miraculously/coincidentally is the one with the least amount of adults moving in to the property...........If they have a 6 bedroom voucher and it's going to be a mother (and invariably her boyfriend) moving in along with 5 kids I'm good with that.You may want to see if your tenants "volunteer" information about having a lot of family in the area because invariably that "family" usually winds up living at the property......but if someone says they or their boyfriend does NOT have a lot or any family in the area then they seem to miraculously/coincidentally end up at the head of the line in my book as far as being best qualifed to move into my rental.

Once the rehab is done and you've lived in the property long enough (usually mortgages require one year), refinance and do it all again.