Hi guys, Ive read through and I am amazed at how much negative feedback with the bandit signs.

So, I'm not too miffed about the money, because I'd gladly pay for a good seminar or course.The real reason I was mad is that I went to the Rich Dad Education program thinking it was a new program.Instead, it was the Russ Whitney program (which I have really bad negative associations with), hiding behind the Rich Dad name.

What if I only need someone to collect rents?

So, you could just as accurately say that you're one rent decrease away from negative cash flow.

My tax returns over the last few years show negative income because of depreciation on my RE investments and losses incurred from an engineering company I own.

Here are more realistic numbers on the deal he proposed.Purchase price: $800,000Down Payment: $40,000Financed Amount: $760,000Gross Rents: $15,000Operating Expenses: $7,500NOI: $7,500Mortgage Payment ($760,000, 20 year, 8%) $6,350Therefore, a deal at this price and rents would give you a cash flow of about $1,150 per month, which is only $38 per unit per month.Appreciation may be positive, negative, or zero.

If I only knew what I know now about motivated sellers, I could have bought it for at least $10k less, or better yet, would have bought another property all together.

Scores are negatively impacted by events such as late payment, incomplete or partial payments, defaults, and judgements or liens, and range from 300 to 850.

and all that with a minimum amount down that won't negatively affect your future investment plans, or fail to leave you with contingency cash.

I own a house in South Dakota but live in Oklahoma now.I have a negative cash flow from this house of about $150 month.Do you think I should hang on to this house for a while to see if I can turn a profit, or am I just trying to hang onto a lost cause?