WE did this for go zone tax bene's  which worked well in those years.but the issue comes that keeping nice bigger new homes in great shape just cost more than little rental dingers.. and in fact as i sold them off I had to do 10 to 20k of cap ex on each one to get full market price.. 

Ex.

I am in a 1031 ex and honestly overwhelmed with deciding to stay in Los Angeles or move to Phoenix AZ.

I can't post a link, but check out Wink News or NBC2 website.The interesting thing is early in the day I was talking to a CCPD officer about a thief from a soon-to-be ex-Blacktip Construction Group job site, and she was asking me for information on R2R, Beattie and BTC.  

Ex: If you want passive income you shouldn't be doing flipping.

The maintenance and cap ex will kill the cash flow at that low a valuation.

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.  

$15k co-host, $6k insurance, $34.8k P&i (7%, 30 year DSCR), $5.5 prop tax, $12.7k utilities (mostly propane & elec), $7k maintenance/cap ex (3100’ with class A finishes), cleaning $24k (8 turns/month), then the small items. 

This is public info and usually it will change based on seller being there a long time or something like an elderly tax rate.What are insurance costs like (we've got a lot of local variability around fire insurance for ex.)?

Well, my ex-tenant finally responded back to my email and stated she is filling out the assistance application so that's good news.