In fact, leaving it there may make it easier to find a restaurant tenant and is a draw, and not neccesarily a negative thing.

If the Fed goes to negative interest rates for the overnight borrowing, what does that look like for investors?

This depreciation counts as negative income, but it’s only negative on paper since the costs of keeping a property in good condition can be paid for out of the rental income.Thus, the depreciation “losses” wipe out the positive cash flow from the property and remove any tax obligation.

Typically that number was a negative number.

I still fell over the cliff edge price-wise with my primary, but because I had been holding it and didn't buy at the peak, put 20% down when I purchased, and put in some sweat equity fixing it, it never went negative in either equity or cash flow.

And then I have to explain how it works.Thus inherently by default you are starting on negative ground this way.

Have you had negative encounters like this at the beginning of your investing career?"

I agree with Che, when ever some negative thing came up you would be responsible, yet the positive aspects would most likely be overlooked.

I realize that the property being in a flood plane will have a negative impact on the market value but it still seems like there would be room for profit if I were to wholesale it given the surrounding houses value in the area.

Hi BP,Looking at a seller with no or a slightly negative equity position my research leads me to believe that a "subject to" deal is my best option.