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.

Soft cost, carry cost, offsite and fees/.2 = 10,000,000 Total Build Cost 40 pads= 250k per pad Cost [250k/$150 per square ft = 1666 sqft per unit] 250k per pad x 20% = 50k for land ready to build. 

Or should I just not worry about that and go with whichever has the lower payment knowing my goals are to lower carrying costs and I'm going to pay off the principal when I sell.

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

Close costs/carry on both sides will be around $17k.

Chip and Jo cannot carry Waco on their back forever.

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. 

@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.

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

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