@Lue C.

It is probably rated as a C class neighborhood, but you said you're looking for cash flow, so obviously we will have a tough time finding cash flow in A or even B neighborhoods.Here's my monthly costs, not including vacancies and repairs:$586 mortgage & interest$166 taxes$34 water$46 insurance--------------------------------$832 total bills per month$1,650 total rental income per month*$818 total gross cash flow per month (before any possible vacancies and/or repairs)Purchase price of $98,000 (which looking back, I could have got for less but this was my first property and wasn't quite as good at negotiating). 

He is paying all utilities because it will deteriorate the house if A/C is not running in Florida. 

Maintenance is determined by a.) how you write up the agreement, b.) the Landlord Tenant Laws in the state you have the property and c.) what the market will bear.

@Alex C.

Welcome to the BiggerPockets family Craig C.!

C and B- neighborhoods seem to have a good combination of lower home prices, but still high rents.  

By "twisting it backwards" I mean like:if A^2 + B^2 = C^2 thenC^2 - A^2 = B^2 ORif E = mc^2 thenE/c^2 = m

Alex C.

Hi, I have a client who is interested in purchasing a 4 unit multifamily but wants to convert the property to central A/C from having wall units.