But again I think it's best to budget/save before putting the cart before the horse. 

I'm going to guess they are also managing the place and are taking you for a ride-they either sold you something that wasn't turnkey or they are bilking you for repairs.I'd go and tour the properties yourself, hire your own inspector to go through and do an inspection and then get repairs done or sell if you don't want to deal with it and get rid of the PM (assuming they are connected with the turnkey company you bought from). 

Dude get off your high horse and spare me your life lessons.Our workers are at risk, or our reputation is at risk, and people like you trying to add your completely irrelevant 2 cents to the matter is as I said completely irrelevant.

Keep in mind even if you’re self funding you are bringing everyone else along for the ride.  

The only thing I can do to help justify it is that now with income in the highest tax bracket, I am saving 37% on any depreciation I can get.Will someone either wake me up to my new found delusions or encourage me that I am still on the right track.Buying rentals that don't cash flow is like buying a bike with two flat tires and no seat to sit on, then trying to ride home from the grocery store with a back pack of groceries on your back.Will it eventually get you there?

Same if you park it (your cash, not your ride) and not use it at all. 

I have a few "workhorses" as well - these I just maintain/repair and let them ride out.

It's a journey, so enjoy the ride with people you enjoy working and playing with.STRATEGIES Sustainability is the real question. 

Are they intentionally seeking out housing for them and their kids that all kids to ride bikes on the street and run around the neighborhood?

I have 4 properties in WA state, an hour ferry ride from Seattle. 2 are SFH and 2 are townhomes.