I'd rather have tall grass then no grass at all, LOL.Like a dividend producing stock, too many landlords - IMO -just try grab the rent (ie, dividend) and neglect the appreciation (capital gain).Doesn't just apply to if/when I have to sell the property too...if you can maintain the yard, it makes it that much easier to attract tenants...curb appeal is the 1st impression whether selling a home or renting it.

Contractors don't take the risks of ownership nor the expenses or investment which put that owner in that position that produces the opportunity. :)

I hope that its producing a ton of cash flow for you.

Your managing broker will want production, it's a sales organization, if you don't produce they may ask for an office fee allowing you to hang around.I tell people to sit down and make a list of people they know personally that they could call on the phone and talk about RE.

I also started another post today about using real estate for producing income (other than the usual)

Of course I will do my research and buy a property that produces positive cash flow.

Fun fact- If you apply for a loan after showing this loss, a bank won't care that you spent the money on income producing assets.

I have signed up and will attend two REI meeting in my local area in Nov.

My question though, is in using a HML if I wanted to purchase a property and keep it as a Rental to produce and generate monthly Cash Flow.

Not the highest producing rental but it will serve as my first and one must start somewhere.What are your thoughts, did I get this right?