Initially it was negative cash flow, just under $100, I was able to refinance in 2014 to have about $150 in positive cash flow for the remaining years until selling.

I skiptrace and directly contact the owner, but most of the time it warrants no response or negative feedback.

Say I take the Hard Money Loan (HML) for 8 months and it takes 6 months to buy (closing), rehab, and have the property completely ready for rent, I only have 2 months to get the tenants to move in and the new loan under contract (money in hand) to pay the HML before the end of the term (8 months)!

I've ask for a few years off P&L but so far I only got a portion so information is not very complete but I can see there's definitely room for increase occupancy based on my understanding.

I only use my license for my own investments, and occasional sales to friends and family. 

I only buy properties with a 20%-25% return. 

There are a lot of horror stories of people who got into a bad partnership or ended up having a negative experience.

I'm not an accountant but I don't know...Regardless the numbers, the question is do you want to wait for 10 years to MAYBE get some appreciation while having negative cash flow or take $190,000 into the bank today? 

Imagine if I only raised rent a little.

I quickly found with my first property that even though I was bringing in several hundreds of dollars per month, I was constantly breaking even or going negative on my rental income due to repairs and maintenance costs.