@Cherrell Thomas cash flow is the profit that's left after debt service, property taxes, property management, common utilities (if any), reserves for repairs (small things like leaky faucets, AC servicing, etc), and capital expenditures or capEx (larger things like a new roof,new HVAC, major plumbing overhaul...these are treated differently on taxes, written off over a specified longer period) and other expenses.The first item I mentioned, debt service, is where the answer to your question is.

BP is a great place to learn and get assistance.

No deposit back for subletting, gun shot, yard repair, smoking in the unit?

Hello All,I am currently searching for knowledgable real estate agents in the Cleveland, OH area that can assist me as a buyer. 

He will be bringing more construction/repair knowledge.

. $1.1 mil + equity in my property (no liens, and very good credit score)Since I am running a business on my first level of my home, I couldn’t find any financial institution to secure me a HELOC (apart from point.com which doesn’t seem a good deal for me)…apparently, the lenders don’t like mixed commercial/residential type of business (e.g. assisted living).

I appreciate the assistance.

I knew the condo association was reviewing bids  for an upcoming exterior paint job and repairing rotted wood.

I am also wondering, how do you calculate expenses like CapEx, Vacancy, Repairs, and Property Management(I guess property management would be just seeing how much it would cost with the management company you want to go with)?

Minus mortgage (30 years fix around 5%), taxes, insurance, property management company, maintenance, and repairs, you will end up with a few hundred dollars positive cash flow while building an equity.