And, if you properly calculate all expenses, including depreciation, your properties may generate a tax loss, which can even help offset your W2 income - I believe this deduction is up to $100K in income, and then phased out between $100 and $150K. 

@Ryan McCook If you are in the accumulation phase of your investing, then it could make more sense to do a refi and continue to grow (TK, rent-ready or BRRRR). 

Good reading for an new investor in research phase.

In the design phase, I’m intentionally wanting to add features and value to later use as part of my long term funding strategy.

I'm currently in the process of getting my Hamtramck duplex house hack up and running, I'm currently in the tenant screening phase.

I'm in the gathering info phase right now and looking at Mobile homes in the Bay Area actually! 

I think you have a good understanding of the options for this event.To prevent a similar event going forward, during the DD phase or as a contingency of closing, have each tenant sign off on the estoppel. 

We are giving free beta access to people in return for feedback and spotting bugs, etc.This means you get a FREE Virtual Assistant to help w/ property mgmt, things we handle include but not limited to: *communication *accounting*check in / check out *repairs *paymentsRight now we're still in the pre-beta phase and just want to get user feedback.

The second phase was the clean up phase, all of the carpet was reinstalled and professionally cleaned.

I am in my preliminary search phase but these questions kept popping up in my head and I didn’t know a better source of knowledge than the bigger pockets community.Any help on this topic is appreciated!