More like a 101 of taxation: you had a reserve of losses -> it helps when you have profits.And a tax geek addendum:I also do not see a direct link to cost segregation benefits here.

What happens if you buy the SFH and hate renting it by the room but the cost to maintain is too much by yourself.

Funny enough, I was going to suggest you move out of SF due to the high cost ;-) I'd suggest going down the SF condo route to start as financing for commercial units is a lot more difficult than residential properties.

I would also suggest finding a 100% LTC (loan to cost) lender that will fund all of your rehab and all of your purchase.

In many of the rental-friendly areas of Memphis, their loan product often results in out-of-pocket costs of less than $10,000 per property, which can significantly boost your cash-on-cash return.

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Quote from @Chris Wagner: Hello everyone,I have a property that had sewer damage that costs me $3300. 

Your clients will be trusting you with some of the most expensive transactions theyll ever make and an error on your part will likely cost them thousands.

I’m trying to increase my presence to the local renter population.

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