It never ceases to amaze me.

I have refi'd this property under an investment mortgage and eating up much of my cash flow.

Cut out food costs, don’t eat out and that war chest reserve of cash will start filling up.

They'll normally drop the crap on the title insurance like the Search Update Fees and they'll eat the wire fees sometimes. 

And what do you plan to do with that equity since you can't eat it or spend it? 

This is going to eat into my finances!

He’s eating carpenter bee larva.

Perhaps it is more of a common-sense practice where magistrate judges don't want to grant a dispossessory if it appears that a landlord is trying to have his cake and eat it too by accepting payments and evicting at the same time.Not accepting partial payments was easy to do in the days when tenants were mailing checks, because I could simply not cash a check.

It can be a great tool to use, but it will also dramatically eat into your profits.

However, if you were getting the returns you want, it wouldn't matter if the GP is eating lobsters or fast food.