Cost segregation and advancing depreciation has its pros and cons depending on what the individual investor's goal is.

I screen individual dogs (of any breed) with an in-person evaluation before accepting their owners as my tenants.  

What's important is to learn and move on.

Start connecting with local investors or attend meetups. it’s one of the best ways to learn and get insight.

It doesn't take long to learn how to spot a good deal.6.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

It can be discouraging for newcomers.Solution: Develop resilience and learn to view rejection as part of the process.

In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.