I know that its okay to be cash flow negative at first but when analyzing a property I am not sure what a general percentage I should be looking for.

If I refinance and pull a loan of $800,000, the debt service will eat away my cash flow from the current property and I can't find another property that will combine with the current property to cash flow $4k monthly.Basically, if I refinance I will be cash flow negative from my current net income on the property.Is it better not to refinance in my scenario?

Renting out the other rooms in your unit is smart as you'll be CF negative pretty bad if you don't.

By the way, breaking even is negative CF waiting to happen. 

There are clearly some positives and negatives to each, and depending on the area you invest in one may be a better option than another.

I know of no one extremely wealthy who does not understand and utilize the concept that low interest debt such as student loans or mortgages to acquire assets with positive returns can be a very good thing.

Remember your cost basis after remodel will be 15k more. 180k house renting 1300 is probably negative cash flow. 

I assumed that more valuable homes would simply have much higher debt payments and taxes, but then I’ve seen the concept being talked about while referencing cash deals or various other methods of financing, so it seems the debt isn’t the main factor.So why is it lower value homes generally cash flow greater than higher value homes?

Could cause some negative guest interactions.

This year the market is NOT GOING TO PICK UP and those numbers are going to be horrendous.Now, hold on you are probably pissed at me with all this negativity.