If you never sell, (you will it to your offspring) you never pay tax and they don't pay tax.

Are they going to be able to buy your proudly done flip.3) If you misjudge the market, do you know when to dump it.4) Can you put a spreadsheet together on your purchase costs, carrying costs, rehab costs, closing costs, selling costs, tax costs, contractors that don't show and delay your project etc. etc. etc.5) Is the return worth the risk.

Unless there is a reason to submit your tax returns, you could go w2-only. 

You'll need more cushion between your income and debt payments to account for everything else - taxes, insurance, food, living expenses, etc...

After two years of occupancy, qualifying for the tax exemption, and benefiting from appreciation, we chose to sell and reinvest the funds.

I did a poll of 700+ people who invested in real estate and less than 2% would want it to be tokenized.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

They can really throw off your numbers if you are not familiar with a citys transfer tax, and fees.

Property Taxes Will Likely Increase After You Move Out•If you have a homestead exemption, it will be removed when you convert the home into a rental.

Everytime you get close to depreciation running out (or want more) you 1031, expand your holdings, and your tax write off.