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Hello,I have been hearing on BP podcasts that tenant turnovers can equal about $6000-8000 (one host even said up to $10k, if I recall correctly) when lost rent and repair/upgrade costs are factored together.

I always add that if people are truly factoring in all the ways real estate makes you money, then there are some markets that make perfect sense as an investment even if you pay retail.   

However, investing is a bit like cooking; cash flow is just one of the ingredients needed to keep things moving, but it’s important to consider other factors to make it a tasty dish.

Good morning!

Lights are not a big deal, they're leaving in the morning so not many would be on. 

The cool thing about the house hacking is the lenders will factor the rental income towards your purchasing power.

By last night and early this morning, I did suggest that they evacuate but that they could stay if they didn't have any other options (surge is my main concern, we are on the 18th floor so I don't think they will have an issue with that and we have Miami/Dade qualified hurricane protection)...BUT, I was very forthright that they would likely be without water and electricity and stuck on the 18th floor possible for some time.  

Other factors to consider include market growth, local laws, property management, and financing strategies.Good luck!

The key factor for depreciation is when the asset is placed into service, not necessarily when it was paid for.