Housing prices are high, mortgage rates are high, and competition is fierce so revenue is way downIt’s one thing if you bought a while back like many of us did, so your cost basis is much lower.

Pretty easy to get a $6,000 to $10,000+ sewer dig up and replace cost if it's a perfect wide-open area.

The LPs have only ever received one distribution because the GP team wisely held further distributions because they realized that when the rate caps expire, we are going to have a huge cost to by new rate caps or possibly a cash in refinance. 

I believe each contract cost $600 to $800 for each state. 

The repair was extensive and costly, requiring excavation (about 3x6 feet) to replace the broken section and clean up the mess.

I cook my own food, can I bill myself for that and write off all my food costs? 

This keeps your cost basis and deferred gains intact while offering liquidity and flexibility—you can sell shares gradually to spread out taxes and still receive passive cash flow, often exceeding current rental yields.A pure DST strategy can also work for passive income, but as you noted, not all DSTs are created equal.

I have other money that'll cost me 10%.

Utilities cost $150 per month.

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.