I would not advise investing in it as a income property.The second one has better numbers although negative while you live there should produce $6-800 true positive cash flow, depending on condition after all deductions, once the entire place is rented.

When screening a potential tenant are you allowed to tell them what their past landlords said about them? I am in the process of screening someone who ended up moving out of state 6 months into a lease for a job trans...

Negatives: Cost to convert. 

@Adam ChristopherInteresting that a negative experience is part of your WHY.  

I had a decent salary so I could afford a negative.

Many successful real estate investors have negative opinions about 401ks for the very same reasons you do.

Why not just pay the required payment and what would your negative look like then? 

I am not a huge fan of social media because the interactions can turn out to be very negative.

I don't know how many potential LD investors I've seen lose their shirts on even the smallest of development attempts.I'm not trying to be a negative Nellie here but there are reasons why LD Directors for home builders usually make a 6 figure salary.

The plus is when the market has a correction, we don't feel the negative effects as much either.