Now that summer is approaching it is time to get the roof done, I've been quoted on the roof at $9000 which I would have to get another loan for and would then again eat into my cash flow.  

These items combined with routine maintenance could quickly eat away the $200 in cash flow after PITI

This will eat up your profit if your rent is over $1000/per month.  

Show your value, I know some here that offer 0% vacancy because they are that confident in their services they will eat the vacancy costs if one happens.

Taxes and debt service in the City eat a huge portion of profits and rents do not justify asking prices - for investors.

Does 5k eat up all your potential profit?

a 401k loan is almost the equivalent of a hard $ loan.oh, and you don't get to deduct the cost of paying those taxes back on your real estate investment.IMO, a lot of people don't have a clue about their true cost of borrowing for this vehicle. it's not mentioned on the internet very much either.there's a guy I know who is an underwriter for a bank and doesn't know about this; I feel bad for people who don't see the true cost of this.search for private loans, bank loans before this. and make sure you know how much of a hit you will take. for a $50k 401k loan, that's almost $15k you eat!

The closing fees alone will eat up your profit then you have taxes on the little profit you made.

It kept me driven, focused, and honestly, pissed me off a bit.Now that I've done my homework on what to do and more importantly what NOT to do in real estate, those same people have had to eat crow and admit that I do know what I'm doing and that they were wrong.  

Cockney Kings all you can eat fish and chips Mon-Weds.