Coloma: For those experts, your input is highly appreciated .

A report from Apartments.com shows that 178,000 newly constructed units entered the market in Q3, bringing the projected year-end total to 636,000 units.

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

I definitely think in my area, many of the good opportunities I could qualify for with my income would have pretty high rehab needs before they're rentable, so it's good to hear where you would start out instead.

Pay particular attention to the "End the complaints" section.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

And ended up 1031ing his entire portfolio to where he wanted to live when he mustered out.

They did what they said but it was pricey and the leads/conversions I got end up being negative ROI so I quit.

Instead of losing 55k they will probably only end up losing $25,000 - $30,000 What made you interested in investing in this type of deal?

It looks a lot like a customized version of High Level, kind of like REI Reply.   

That real-world experience, built on trust and actual deals, was infinitely more valuable than any high-ticket coaching package.