., an actual rentor in with a lease agreement is great documentation.Email conversations with your professionals strategizing on how to treat this property long term is also documentation.Getting the property on your Schedule E is pretty important as well.All of these things paint a picture. 

Most CAP rates disclosed have bad expense calculations.Justin - LMK if you are looking for Vikings tickets. 

Is it a bad investment?

Why is investing in metropolitan downtown like SD or LA a bad idea?

Below are my numbers; I'm not quite sure how my two existing mortgages are treated with the DTI ratio when trying to qualify for a third.

If you have debt, student or credit, work at clearing all bad debt first and increase your credit score.Personal home owner ship is not a investment it is a liability so if you wish to invest concentrate on that first.

Too bad." 

That's a $300 deficit which doesn't sound bad since you will be living in one of the units and saving approximately $500 in rent.

One , if you buy for cash flow, whether the market is good or bad you are making your money , and two, if you wait for the perfect moment to buy real estate, you will be waiting forever.

Comparable sales on 3 Bedroom two Baths in the area is from $120,000 to $150,000 move in ready as this one is the $15K delinquency is PTI and increasing every month, and the owner finance buyer bad credit will not allow refinance as you suggested Jay.