Negative?

I don't mean to sound negative about it, because I think its a fantastic idea for building experience under a more experienced person, I am just asking if you think it could work for me?

There are plenty of markets like this where the numbers just do not work from a cash flow perspective.If the landlord pays utility I would even go 60% costs so you will be even more cash negative every month.Some areas for 310k you could get about 4,800 in rent.

I know being 21 and not afraid to make big decisions can have both positive and negative externalities.

there's always the negatives as to why I shouldn't and why she isn't doing that.

I think you can try to dispute through the credit agency and the party with the negative entry has I think 30 days to respond or you can request it be removed.Honestly though probably your best bet is just give it time.

I am focused on a long term goal so while it might be nice to split a few deals with someone in my area at first, the long term affect would be quite negative.

Hope that's not to negative sounding!

I didn't think about Sub 2...but wouldn't a long term Lease Option offer the same chance to draw down the negative?

At some later date, if things turn bad economically and cash flow turns considerably negative, then you might not have the luxury at that time of being able to refinance.