Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.

It is one of the few smart thermostats that works without a C wire.

The reg cited in your original post says (c)Payments to which subsection (a) applies(1)In generalExcept as provided in subsection (d), this section shall apply to any payment on account of the sale or exchange of property which constitutes part or all of the sales price and which is due more than 6 months after the date of such sale or exchange under a contract.Q1: Since we are not financing for more than 6 months, does the imputed interest component not apply?

I'm asking b/c I'm really burnt out on insurance and I would love to fully retire from insurance in 5 years at age 55 and RE cash flow is the only way I see this happening by then.

I think there is a tendency for people to believe Property managers can make all their problems go away especially in C/D type properties.

@Saeed Jassani appears you are not only comparing two different markets, but probably also two different asset classes.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

This article says 5.5-6%.  What do you all think of this???https://www.northmarq.com/insights/research/los-angeles-4q23...

Obviously the C and D neighborhoods will offer higher cash flow at a lower price point, but there's also some good opportunities in A- to B neighborhoods depending on what your strategy is.  

Good stuff, although in our experience, most investors going OOS, don't do enough market research.We really push understanding the property Classes of the market, so someone doesn't put "lipstick" on a Class C or D and sell it to an OOS investor as Class A or B!

@Zach C., thank you for your reply.