Quote from @Alex T.: @Mike Smithy And just realized this is a 3-year old post...womp, womp.

Purchase price maybe $120,000  a door, that seems high to me for 70s product, but I just don´t remember prices at that time.   

They don;;t have to they learned.- So few pre foreclosures / BK's.   

Quote from @Henry T.: There should be a law limiting how close a tree(or type of tree) can grow near a property line.

Slow Joe and Immunity Donald T would never, never allow this to happen on their watch.For the "crash", on REI, it'll fall inflation adjusted.

I would t go much lower unless you can estimate rehabbing accurately or bear in mind the asset class to vacancy and other variable cost issues rising.

You will file a 990-T and there are plenty of services out there to help with this. 

A motivated seller is not someone that needs to or has to or even wants to sell their house.A motivated seller is anyone willing to sell their house below market value, regardless of the reason why.Willingness to sell below market value makes someone motivated.Take someone in foreclosure.If they don;t sell, they will be in trouble yes?

Quote from @Henry T.: My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

Don t confuse personal debt with business debt.