Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

You should only be liable for tax on any appreciation since you inherited the rental (minus the cost of your improvements). 

I learned so much from the course and PCS, and I'm claiming all of my cost on my taxes.

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.

This post has nothing to do with cost segs.

Feel free to bring any question you have or ideas for topics you’d like to hear about, whether for novices or advanced investors.

If you have an questions, feel free to reach out, or if you're in the area, let's grab a coffee!

You get to harvest the equity tax free.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.