At investor down payment and conventionally financed a buy n hold can cash flow in San Diego (aided by our higher rents) at 0.7%.  

I wasn't thinking n let me loan guy talk me into it.

Thanks @Roy N. enclosure might be the right direction.

I'm free after 3pm wednesday or all day thursday n friday.  

Be sure to check out the Rock N' Roll Hall of Fame and University Circle.

Versus in higher appreciation markets I would rate it as forced appreciation (your property does excellent), instant equity (your property does excellent), expected property appreciation (you believe your property seems likely to have good appreciation and I am assuming have done your homework), expected rent appreciation (you believe your property seems likely to have good rent appreciation) and finally initial cash flow (your property does OK but there are many locations in the country that do better).It is not arguable (as in mathematically it can be proven) that historically financed buy n hold in appreciating markets return better ROI than low appreciation markets that provide far better initial cash flow.I do recommend that you do the full calculation of expected cash flow taking into account mortgage payment, taxes, and insurance (PITI), vacancy, maintenance, and cap expense. 

Hi Frank, I am also from N Ky.

Sorry for the hassle..... its going to happen sometimes....best you can do is learn from it and try and make some changes in screening and other things that may help avoid issues n the future.I try to tell myself....this is business....its going to have its up and downs....easy times and hard times.... some failures but much more success in the long run if you stick with it and learn from mistakes we all makeAnyone that goes into this thinking its a piece of cake and easy $$ is a fool.....its hard work but well worth it in the long run

He said I could probably make 50k after the rehab (my analysis was more 40k) then I went looking for friends n family to invest with me and got shut down.

@Roy N. thanks, I haven't seriously considered the the partner thing, but I will now.