And we rarely need to use them.Tenants sign and initial each page of the condition report at signing, we quickly go through the property and let them take as long as they want.Ideally at move out they would sign the condition report, but this is nor normally done. 

Because unfriendly properties still do a FULL-BLOWN Application on the tenant and can deny for any normal reason they deny any tenant.

North park, normal heights, university heights.

thxCarlos Richardson Mathematically this normally makes sense but I get nervous giving people advice to do this. 

It gets you a $260-$280k house with "BP reserves" and normal closing costs. 

$77,000 earnings on a $190,000 investment is unheard of in real estate, but quite normal for a well running business.New RE investors are always after cash flow and CoC return.

I have 6 Co-Living properties (41 rooms) in Colorado Springs.Insurance:I've been seeing insurance companies start to offer Co-Living specific products that are very expensive (2x-3x normal cost).

I may need to purchase something that numbers do not meet my normal criteria.  

Normally, Cleveland, OH is the list for cash flow but I'm not totally convinced if I should start there. 

For short-term rentals (STR), the IRS requires you to prorate NORMAL depreciation based on the time the property is available for rent, not when you purchased it.