Insufficient reserves result in vendor bills piling up, value-add strategies running behind schedule, and returns being reduced, so it's important to have a clear picture about how well capitalized or undercapitalized a deal is so that you can truly assess the risk.

Great news for some, the loan will be a portfolioed loan and they are probably insuring the portfolio and reducing risk, but other underwriting guidelines would be interesting to see.

Consider hiring a property manager next time if not just because they have the tools and processes to reduce the risk of this and move quickly to execute on a problem.

It's completely understandable to prioritize cash flow, especially as you aim to reduce your working hours for a better quality of life.

Small yearly increases train tenants with what to expect which reduces stress and allows them to plan ahead for lease renewal time. 4.

You are reducing the amount upon which you are required to pay taxes.

He can represent himself further reducing his costs.

So we refi’d or sold to reduce debt exposure due to our perception of the economy.  

Nobody will ever respect you for the blood, sweat, and tears you will go through dealing with all of the pain and agony of trying to navigate such a ridiculous system.

@Abraham BerkowitzI suggest you focus on making money on this deal and not on reducing future hypothetical taxes. 95% of first-time flippers lose money on their first deal once everything is accounted for.