I do understand how a lack of tenants can stall the deal however.Feel free to do the numbers yourself, but I asked a few of my mentors and the consensus is its a cold market or a greedy one.

I've been in management positions in my W2 employment, so I understand sometimes you have to give people news they don't want and enforce rules.

I understand looking for positive cash flow is a good proxy to avoid making bad deals when you’re a beginner, but if you’re careful in your estimates and run the numbers properly, I would believe you can still enjoy a decent return on your property even if your initial cash flow is inexistent.Let’s take the example of a zero-CF property (i.e. it’s zero after opex, capex, vacancy, PITI, property management etc..) in the following situation: I put down 20% as down payment for a 30 years loan, at 4.5%The property doesn’t appreciate over the years and I sell the property after 30 years for the same priceI incur 5% closing costs at purchase, and 5% selling cost when exitingI assume no inflation (hence selling price = acquisition price)In this context, my IRR would be 4.55%.

I may be misunderstanding how the points work, but more importantly I don't understand why they're needed.2.

I have a MUCH better understanding now. 

My understanding is that the agent holding the listing agreement with the seller would be the one responsible for, among other duties, hosting the Open House.

I may be wrong but this is my understanding. 

Understand the rules is always good advice in any endeavor. 

@Chris Seveney@Jason DiClemente@Will BarnardIdk why the app totally botched my message hopefully the last one is a little more understandable.

To me, it shows a lack of experience and understanding of your market.