I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).

Investment Info:Large multi-family (5+ units) buy & hold investment.

Are you thinking of more of the fix and flip strategy or buy turnkey and hold?

Investment Info:Other buy & hold investment.

Good to know that I should look at seller financing first....I hold 5 properties (making up 17 doors) in NC and TN since 2020. 

I don't personally think I would rent to him though because I wouldn't want to be known as the LL who rents to sex offenders.Has the unit been vacant a while or do you have enough interest in it to maybe hold off for a good tenant who is not a sex offender?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Webster.

A regular GC might be able to assist with the remainder or all of the work to include foundation.

HoldSelling when you leave simplifies things, but holding can provide long-term gains.

I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.