If you have any cap ex left in Palm Bay (like an HVAC major repair or roof) you will lose cash flow for years.

Quote from @Eric Gerakos: Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms?

With the run up on RE prices and boom of STRs over last 5ish years people have been led to believe it is easy and leveraging has minimal risk.

This means you can focus on growing your portfolio with confidence, knowing that every aspect of your investment is being handled by experts.As for my experience, I've been in the industry for over 10 years. 

I bought a ton of them about 10 or so years ago.

You start out right away with essentially 3 income producing properties & after a year it goes to 4.

@Nida Kazmi   So it has been about a year. 

I'm sure this was definitely a thing that was achievable in the COVID years...So the 2% rule seems like it would get you a lot closer to your mark than 1% in today's interest rate climate.1% really does seem like a unicorn.Now - here's the nitty gritty.

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

Quote from @Yianni Hahalis: I'm looking to move to Cleveland within the year and get my foot in the door with real estate.