The only thing I can do to help justify it is that now with income in the highest tax bracket, I am saving 37% on any depreciation I can get.Will someone either wake me up to my new found delusions or encourage me that I am still on the right track.Buying rentals that don't cash flow is like buying a bike with two flat tires and no seat to sit on, then trying to ride home from the grocery store with a back pack of groceries on your back.Will it eventually get you there?

Fixed it up and is now sitting on some decent equity :)--Joel

We really need to sit down with an experienced RE CPA. 

I finally found another duplex a few towns over that had been sitting for a while, it was badly advertised.

I've got 15 unsolicited fliers sitting on my desk right now from PM companies that want to take over my properties and offer 24/7 guest communication and maintenance.Bottom line, don't be discouraged, there are people out there that will do this. 

First, you could always sit on cash in a high yield savings waiting to pounce when the time is right.

I have been sitting around and lost out on some multi families in the markets i'm looking at investing in. 

Better hurry up and get your permit so your house can sit vacant all summer 🙈🙈Everyone’s selling right now to escape the Poconos market - houses are flooding the listings bc no one’s making any money.

This allows us to by pass both of those issues and today's rates sit in the 7s for 30 year fixed (not a far cry from Fannie/Freddie at the moment).

Within our market the single family home has been evaluated at around 189k at 1554 living Sq with a 4 bed 2 baths and sits on half an acre.