All investments must have positive cash flow to be an investment.

I didn't make his position clear enough - if the property is owned by an LLC (members being my husband and myself) then the income percentage can be set by the LLC.

If someone is in desperate position, they'll need help fast.

Rich, The problem I see with ignoring positive cashflow as a requirement in a deal is that you get to the point I am where you run out of working capital to finance anything else.

If it will rent for $650/month, it should still be cash flow positive with a $30K loan in place.

My question is that if I buy a place and rehab it for 50% of the ARV and get a refinance, should my NOI still give me a positive cash flow after I have taken the equity?

(here to learn)Goals:Wholesale properties for cashBuy homes to liveCreate positive cashflow with propertiesBack away from having to paint as incomeOwn vacation properties?

Which notice she should have given me for my approval prior to her brother and his wife moved in instead of just verbally informed me after they’d already moved in.MikeOH: Thanks for the positive input; evicting sick tenants.

I have been successful with my own properties in the past and was able to capitalize modestly on the boom we had in Denver during the 90's, but I am not in a position to invest at the moment.

If you keep at it you to can eventually become a GURU.In closing, just keep a positive attitude and look to succeed.