Is it a negative the house isn't vinyl or can you turn those lemons into lemonade and use it as a selling feature?

Due to poor grading and drainage for the last 25 or so years, there was a negative lip abutting the front of the duplex that had to be corrected.

Keeping everything else equal I only see $33/month in cash flow and 2% ROI.

In other words holding onto real estate in the Las Vegas market will yield you that return.If you go owner occupied, then rates for FHA and VA will exceed that yield at least with the mortgage insurance built in.Basically, you will be buying at a close to negative cash flow and only be hoping for future appreciation to offset your negative cash flow.

I only got a 5k line - boo, but 0 interest is always nice when combined with no fees.Within the last 18 months, I completed a 0 interest and 0 (or close to it) fee transfer on a new account with commerce bank.

The lender gets about 90% of the properties actually offered for sale, as there is little to negative equity on the property at the price the lender is willing to take the bidding.6.

Also why so negative about what you're doing.

I only made $1K, but I didn't care!

I don't have any equity in the property right now (probably slightly negative).

I only say this because I've been there, done that, got the t-shirt.