Quote from @Collin Hays: I got a chance to read this over lunch today, and it really hit home some excellent points about investing in real estate. 

@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

It's at this point many exit the real estate investing business. 

Net investment income tax= 3.8%I was aware of the Long term capital gains tax, but I was surprised to find out about the Depreciation Recapture and the Net investment income tax. 

Each of your homes will start at a lower cost basis and you will get slightly less depreciation each year to offset but you have spread that depreciation over multiple properties so now selling any one property will result in less impact on taxes than just selling your first without a 1031. 

When you are creating notes from the start with the intent to sale, you can also consider a 1st/2nd structure that can help you achieve similar results as a partial but start getting cash flow sooner. 

I used to invest in Cleveland, and I can only share horror stories.

Since our Swell platform's participations have a $25K minimum or $10K minimum if you invest $100K or more, you could invest into up to 10 projects with $100K vs maybe one whole trust deed investment.

Investment Info:Single-family residence buy & hold investment.

@Bate IlondiorIn what area are looking to invest in?