Holding a flip long enough to reduce rate to cap gains rate means you’ll likely have unproductive capital, which may be more costly than eating ordinary gains taxes.

I can’t blame the guy for trying . you admit to the animal relieving itself on the carpet which of coarse ruins carpet and padding .

Trying to be an investor when you don't have personal finance discipline is like going to a cross fit gym when you drink beer and eat fried garbage every night. 

But inherently in this syndication dog-eat-dog world, at the end of the cycle someone would be wiped out.See this is the reason I personally stayed away from commercial RE, incl. multi family.

I would think it would eat up a big chunk if not all of your buy-down.

Heck, I even find joy in it when a squirrel eats a hole through the kitchen ceiling, the fire alarm blasts for no reason, and the tenant's kid secretly turns off the "do not turn off" switch to the heater, necessitating an emergency call to the electrician.Three years after retiring from freelance writing, I'm looking for my next act.

It is totally different if all you have is $100K and the fee eats up 18% of that.

*Feel free to skip the next paragraphYou are what you eat.

And I know it eats up time, but honestly, those are big things.

Hey Matt, when it comes to HELOC's the monthly interest will start to eat up profits after a while.