I am a little confused about the formula for calculating if a deal will bring positive or negative cash flow.

One thing that continues to happen is negative responses from a lot of the "we buy houses" groups.Example 1: I had a wholesale deal not too long ago (sold now) and I was on the phone with a supposed investor and I mentioned sometime in our conversation that we were investors.

I am so glad I went for it, despite all the negative issues I've encountered already.

While I'm aware of the negatives, the positives are worth it: First, it's much easier to find a $350 renter than a $1350 renter, and second, most of the renters are on assistance from city, which helps place people there already.

The service revolves around the concept that when someone is traveling they might want to meet up.

If you $500/month negative cash flow means (mortgage payment-rent=$500) this will be much worse than you think.Will banks loan money if you have to make up the rent?

Has anyone had an experience in Minnesota where you were negatively affected by the law?

It is also true that the vast majority of newbies fail in a short period of time because they 1) pay too much for their property and lose a bunch of money due to the negative cash flow and 2) they don't understand how to deal properly with tenants.I look at each deal a person posts individually.

.- Putting 20% down- Planning to rent it out (will be negative about $200 a month)- I'm hoping for long term appreciation- It's not a fixer upper.

I'm sorry once again to come off in a negative or fraudulent light.