That tenant is gone now but it is something I go over on occupancy as unacceptable. 

I would do a game room over a movie theatre.

There is no such absolute rule or mandate for REI - it is up to you on your comfort level with your cash flow versus total investment versus appreciation potential.If I followed that rule, I would have missed out on a LOT of great opportunities over the years.We bought a house in Jones Valley in 2017 with negative cash flow - why? 

I see investors all over the country making 30%+ cash-on-cash return, BUT there are also people throwing money out of the window.

Well over the majority of investors have had a tenant default.

I had a distinct advantage over my competition who had to do their own courthouse searchs.

Homes sales are the lowest they have been in over 10 years now at this point here in Co Springs.  

They just need a couple "success" stories to tout over and over again. 

It actually doesn't have to be overly complicated.

., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.