I only had 4 nasty responses out of about 50.Upon further research though, I came across TCPA laws and am now not sure of the legality of this strategy.

@Tyler Brown lots of people buy in our area with negative cashflow depending on appreciation for their upside.

Haven't decided yet what my next step will be but I only put down 3.5 on this building so I still had cash for the next venture.

When evaluating your loan vs. your rental income, is it better to get a longer-term loan (i.e. 30 years) and have higher cash flow versus a shorter-term loan (i.e. 15 years) and have negative cash flow but pay off the loan quicker. 

It probably doesn't sell because most people don't want the other negatives you pointed out. 

I only cold call and SMS as of now.

I wish I knew enough to help but I only know the basics and every state and town is different..

@Loren Bedward I apologize that you received negative comments about what you are trying to do.

The original post didn't need or warrant anything negative.

With the property that's negative cash flowing right now, is it underwater or could you sell it for a profit?