paying recapture is the most NON talked about event on BP or in real estate.. and why when folks talk about buying for only cash flow and appreciation IE speculation or gambling those folks totally miss the point and do not have a full picture of the Lifecyle of a real estate investment.. if you have NO appreciation your recapture tax is going to eat into your IRR in a negative manner.and for a lot of folks to 1031 one little house with 20k coming out of it is hard to do.. since the house never went up.. the other thing is people that say they are buy and hold forever.. this rarely happens.. life happens life changes.. and so 7 to 10 years down the track MOST folks unless they have decided to make it their lifes work IE be a full time professional landlord.. they sell .and then that pesky recapture they never knew about or thought about bites them .. :) 

Be careful, the ADA only recognizes dogs for service animals, but residential rentals fall under Fair Housing that accepts any animal(s) as ESA's, and violations of the Fair Housing Act are very expensive. 

There are those who would say that investing for appreciation is either speculating or gambling, not investing.

If so then you will not receive your funds until then so your accountant could treat the initial sale as an installment sale with no receipts and have all of the receipts come in 2019 which means that your gain won't be recognized until 2019 so you won't pay tax until April of 2020.  

A blue chip dividend growth stock say Proctor and Gamble will have a lower PE ratio, say 15, that might be the equivalent of slow steady appreciation, but no real price appreciation. 

If you have anymore suggestions on how to recognize and find good deals, by all means go for it.

Learn to recognize the common structure of a stupid sob story.

Your parents have the means to pay (albeit for a little while), so pay they must before Medicaid will.You can complain all you want about "moochers" and make yourself sound like an indignant jerk or you can recognize that this is partially how we fund these programs. 

It’s till a good market to get started in.Are you looking to invest in rental houses, or do you want to gamble on fix and flips?

Accrue your expenses when you realize them or have a reasonable expectation of realizing them, and recognize your cash inflows and outflows in the period they happen.