As long as you are living in this property, you are losing money to the tune of $8760/year...that's the negative CF you are getting. 

A small error in the repair or ARV estimates could turn a positive return into a negative return making this a bad deal for the investor, and, therefore, a bad deal for the lender.

Hate to chime in on negativity but... it IS BofA!

I think too many investors have been burned by having negative cash-flow properties.

I would like to be able to add year to year tax analysis to my real estate deal analysis to see how negative cashflow properties (typical in SoCal) will impact my taxes both during the rental/depreciation period and at the time of sale (with depreciation recapture and capital gains). 

I have only heard great things about Memphis Invest, in this business you hear everything about everyone and it has never been in a negative light towards them.

What happens when the income - expenses equals in the negative?

.- Learning about studies and statistics forces people to reckon with political and social realities they don't want to believe.It's only after you manage to deal with one of the above topics you end up feeling better about it.

The responses were overwhelmingly negative.  

If you don't know how, hire an appraiser for $300 and save the report in your property file.My properties after deducting EVERYTHING don't have negative profits/cash flow.