You must have basis in your S-Corp equal to at least $0 in order to deduct the losses.So now you have to contribute more money to your S-Corp in order to increase the basis with the opposing entry being a Shareholder Loan. 

Second as a contractor  I have found lower cost subs equals lower quality , or uninsured , etc. 

Below is more context:- We all have full time jobs and in our early 30's- 2 of us live in New York City and 1 lives in Boston, if that matters- All of us are planning to do equal investment and buy the property in all cash- Our strategy for the first property is to go for cash flow - We are only going to buy one property under this LLC. 

I also have verbiage that states the new lease must be at least equal or better than the rate they were paying.  

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

Not all HMLs are created equal. 

Unfortunately it's not that easy, IRR is discount rate that makes the net present value (NPV) of all cash flows from your deal equal to zero.I would only use it in a situation where you are looking at two deals and all other factors are the same (which is almost never the case).Or if you are looking at deals with a IRR of 15% to 20% and you run across a deal that says they are estimating a 10% IRR then that's not going to work and you can eliminate it.

If ONE unit is vacant and both units are equal in rooms/bathroom composition, then the new owner will need to move into the vacant unit and then the owner can either evict to take the occupied property completely off the rental market (5 years off the rental market), evict to take back the occupied unit for personal use like moving in immediate family (2  years off the rental market), or they can evict given the tenant is a nuisance or conducting illegal activity (this is a harder method to evict since you have to provide evidence and have a case but if they're selling drugs and you have video footage or something, then make your moves) and there are a few other reasons for at-fault evictions. 

@Jordan AkinsAll things being equal, you would be correct.

You cannot make a "Plan" with strict guidelines as flexibility in a changing market is vital.