I’ve had more success filling vacant units by word of mouth/ networking with other agents in my market recently than I have through the typical advertising methods.

Each has their own tax implications.There are some alternative methods of calculating how much of the distribution and therefore the interest expense falls under this category, but the bottom line is that it is very important to keep track of. 

I would encourage you to learn the market you plan to invest in now and to continue to learn about the different methods of investing.

You've got to remember the home has already been through numerous inspections prior to delivery, so the time it takes to finish is minimal.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Search the BP for ADU appraisals to encounter numerous examples.

There are just numerous variables and calculations you must analyze to check. 

In your thread, you are worried about short-term KPIs like monthly cash flow, yet you purchased the properties to follow the BRRRR method. 

Major issues are lack of parking, lack of elevators, leading to numerous unlived in units.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.