I have a buddy that's very successful in D Class areas.He drives around all day putting out fires, getting in literal fist fights from time to time, throwing people out of their apartments or changing locks when they leave, constantly breaking the law because they are "civil matters" and he knows the tenants won't come after him, and shaking folks down for late rent.I'm sure folks in A Class areas are doing the same, right?

Does this mean they would still get the full $500k tax break?

You should have clauses in the lease that describes what takes places if someone moves out, moves in, or tenants want to break the lease early.

Hopefully we'll at least see some property tax breaks for a year or so, with pricing resets.Cash flow on single family or even multi is always a function of leverage.

If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE. 

It can quite literally make or break your ability to have positive cash flow.Reducing the Need for TurnoverFirst and foremost, the idea that tenants renewing their lease or moving out is something you can’t control is a myth.

If you get 2 room-mates you can break even. 

For example, are you looking for something that you can add some sweat equity, and break even at the refinance?

Over doing this 30 years my experience has been that able-bodied applicants are turned off by that stuff in the shower.

Note for future - Ensure your leases have a lease break fee, 1-2 months rent that the tenant needs to pay in order to terminate their lease early.