They will look at properties for us without payments because we are repeat customers putting food on their table. 

Might could afford 1 month loss on 1 property, but 10....that would hurt most people. 

U dont want a loss and the insurance check goes to who you bought it from and they wont give it to you.

You might be surprised at the number of times I had to explain to a seller their responsibility to reimburse a title insurer for a loss. 

Many find themselves at a loss because of depreciation. 

Be sure to include in your math the loss of the section 121 exclusion on your $50 gain in value.BP members often ask if their former primary residence makes a good rental and in most cases it does not (unless pre-planned as such).

I wound up taking a loss for 2023 due to a unprofitable part of my Amazon business, and I feel like I am at a crossroads going forward.Currently, I have 400K equity in my home, and 100K in personal/business debt (and that's no one's fault but mine).

Ultimately, you need to monitor loss to lease, which means keeping up with where rents are.

Because if we can take deprecation losses from our rentals, we can use that loss to offset our other active income (from being a broker for example). 

@Paul Lucenti, I had the same experience last year and I had to login to eclipse and provide a profit/loss sheet and pay them about $50.