So they invest in real estate and watch all of the great tax losses get suspended and carried forward.The short-term rental loophole avoids this issue.

A DSCR Loan will carry a much higher rate than 4.8% and will most likely need a greater down payment. 

Working on a deal that the seller is open to carrying up to 10% of the down payment.

., as Bad habits in one area typically carry over to other areas, and will land you a poor Tenant (or co-signer) choice.

It's not like people won't know that the property isn't in a flood zone; if they finance it through traditional financing then the lender would most likely require that they carry flood insurance. 

Chip and Jo cannot carry Waco on their back forever.

They have connections to multiple insurance companies and can always find someone to carry the insurance.I'd also recommend using Obie Insurance. 

@Carrie Lane you'd have to prove the PMC directed the pest company to add the screens.Otherwise, you'd have to go after the pest company.Not sure what you would actually win to make it cost effective.

As was noted, you don’t have enough equity in #3 to tap, so it’s just a financial self-supporting carry.

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .