PLEASE learn from my experience (my situation summarized on Page 1) - A CONTRACT IS NOT A SECURITY BLANKET, AND IT DOES NOT ALWAYS PROTECT YOU. 

I don't think it is fair to just make a blanket, that college degrees are always the best way to go.

I mean I personally for closed on 250 SFR's that were owned by CA investors who could not make it.. even when I offered to refinance at bank rates from my HML rates.. some areas did better than others.. but to say cash flow saved the day as a blanket statement simply NOT true.

I think through our experiences we have now shaped a story that you shouldn't be so quick to discount this highly profitable market, and now more discussions and strategies can be had going around vetting WCNs, which is a lot more helpful than blanket statements of "stay away from THAT neighborhood."

So to blanket statement saying never invest in negative cash flow may be something that resonates with you but should not be the rule of law for investing. 

However, I will give you a scenario where it makes sense since everyone else is likely going to give you the blanket "hell no" response. 

I've already made my initial investment back on almost all the properties and am now seeking a blanket loan on my portfolio.

Have you considered getting a blanket loan?

I disagree very strongly with blanket statements saying Milwaukee and Madison are the worst cities to invest in and that you should stay away.