Appreciation for Jacksonville for 2019 should be a bit less than double-digit, then cool down next year as we enter a recession (2 quarters of successive declines in GDP).

I stick to investing in SFRs and my goal is to buy 1 per quarter with an LTV no more than 65%. 

Good move, I believe the rates are going to get better in the first quarter of next year too!

For example, let’s say someone sets an annual goal of cash-flowing $120k ($10k/month) a year in passive income, and then sets a quarterly milestone of acquiring 20 units.

When 2008 -2009 hit we were forced to cut our quarterly payouts to reflect the problem loans.  

I fly to DFW around once a quarter to check up on my property there.  

 - This is not double taxation.  

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

So there it is, no exercising eminent domain for a quarter trillion dollars.

NYC DOB considers a shelter a 'community facility with sleeping quarters' and may require a special permit for this use.Thanks Abel, You provided me with the right search terms to dig deeper.