Not a huge deal but it makes it essential that you have positive cash flow.

Make sure you ask the right questions to put yourself in the best possible position and be realistic with your expectations.

@Chris RandInvestors who have rental properties report their rental activities on schedule E.You report rental income less expenses(insurance, utilities, repairs, mortgage interest, real estate taxes, depreciation etc).The great thing about real estate is that you may have a cash-flow positive business but report a taxable loss thanks to depreciation.The difference between cash-flow and taxable rental income is that depreciation is factored into taxable rental income and principal payments are not a tax deduction.generally speaking cash flow - depreciation + principal payments = taxable rental income

I am looking to create a web site for our property business.

If the number ends up as a positive number, it adds to your income, if it ends up as a negative number, it adds just that portion to your debt ratio.

The seller truly had done nothing to re-position the property.

We personally own 19 doors in a garden style building and 3 MF duplexes in and around St Joe and we do not have issues with tenancy rates and remain cash flow positive. 

The owner of this online 'website' is a man named Frank LaMark (google Frank LaMark scam or fraud) you will find many others who have been scammed by him also.

I appreciate all of the hard work and resources that this website provides. 

You will want to give them a lien position in case the deal goes to pot.