To top it off people like this, that are so normalized to their filth don't understand why deep cleaning eats their entire deposit.

It may even eat into your vacation.

I think they need to eat this and also fix the ventilation system.

This often only works with large properties where you are raising north of $1mm in equity, otherwise the legal fees eat up too much of the overall deal to make it worthwhile for anyone.  

Then, you can calculate how much cash this property(ies) is going to eat over the period you plan to hold it and see if what you can sell it for (less commissions, taxes, etc) will produce a profit.

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.

Higher taxes can eat into your profit, so do your homework upfront.Financing options.

Just ensure the interest rate on the HELOC doesn’t eat up too much of those tax savings, and it could be a smart move.

Otherwise, it looks like you may have 1031'd into "bad investments" for the tax deferment but are now eating the cash flow as a result. 

Hey All,Quick question, this may be a standard strategy, but what is the best plan when you start thinking about retirement and you own real estate.You can't eat equity.