Loss of income is another coverage that you will probably want to cover any period of time you can’t rent out the apartment due to a covered loss.

@Wade Roberts I don't know anything about Murphy NC but I'm sure connecting with a Bigger Pockets real estate agent in that area would give you the insights you are looking for!

The income/loss flows to your personal tax return. 

While engaging with the Bigger Pockets community, I've noticed many investors seeking funding.

Some post here on the Bigger Pockets Marketplace.

From utilizing 1031 exchanges to offsetting gains with losses, the right approach can make all the difference in your investment journey.

That said, I'm considering selling the property to cut my losses before they happen.

(If curious, my residential real estate investor clients from 10 years ago [you can find my 10 year old bigger pockets dot com posts :], at the time buying up 2-4 unit properties, a lot of them are now done with the 'human' tenants and want to 1031 into something that is ACTUALLY passive, so yes Starbucks comes up, thus I watch it).In my case I zoomed all the way into a specific brand (which then allows me to make very sweeping generalizations across an entire state -- but still not the entire country), I'm not suggesting you do that, but SOME of the variables need to be narrowed down, before you can gain any useful insights. 

@Rud Sev Your Section 1231 losses from the sale of rental properties were likely correctly reported on Form 4797 (Part I) as ordinary losses, allowing them to offset all types of income.

Hello and good morning bigger pockets fam, I am seeking guidance and thoughts into starting out in real estate.