Just let the accounts swell and become cash rich in the short term to prove that you have the foundation to pay off debts if a few go vacant at the same time. 

Much easier when tenants leave, cleaner and if oil runs out and tenants refill; you don't need to bleed the line if the units are gas.

Once the veil is pierced, the issue is then will the independent series hold up and stop the bleeding.

We just wanted to stop the bleeding, per se.

People who have solid jobs, good work history, good credit, good rental history and no criminal history tend to be responsible people, where that responsibility bleeds over into all facets of their life.

Gross rental income will be about 27K per month after they are stabilized and net rental income would be in the vicinity of 12K net per month after debt service and expenses are paid.The biggest current question mark I currently have is:- Is buying class C properties going to be too big of a headache and ultimately bleed us financially?

Your payroll will bleed negative and its hard to scale staffing based on demand.

I could picture a scenario where the expenses could feel like they are bleeding one dry a bit and just want to offload. 

Just because you're pregnant or have a new baby doesn't give you the excuse to break the law or steal.In fact you will see a lot of low lives using the pregnancy excuse to try and bleed out sympathy from just about everyone from landlords to courts and they have it in their mindset that because they are pregnant or have a new baby that disqualifies them from doing the right thing.It's sad but true and it's a shame that they do that but they don't give a crap but themselves.

On our 120 unit bought two years ago we went from $319,090 to $721,920 and our 292 unit bought 2 months ago it went from $729,272 to $1,640,556 in annual depreciation.We paid ~ $3000 for the cost seg survey to be done so for us and it is an absolute no-brainer.Even with the accelerated benefits bleeding off over the first 15 years it makes total sense and hitting on what @Yonah Weiss mentioned, we are continually adding capital assets that we can then put back in to the cost seg pot.