Even if everything had gone exactly according to plan it wouldn’t have been a deal worth doing (profit not enough for the effort expended or to justify tying up that much capital for that long).

Once those funds are actually expended, then they will be a deduction from the property’s cash flow.

We have a plan to relocate and Florida seems like a great investment opportunity with great warm weather.I am already investing in Pittsburgh PA so we will just expend our investments... 

We expended the upstairs bathroom and converted the upstairs to a master onsuite, gutted the lower bathroom and removed the laundry from the second floor so that we can convert this property from a 2 bed 2 bath to a 3 bed 2 bath.

If you don't want to expend time to source off-market RE or take time for your investment to season, speculate in something else entirely.To consistently be 'confidently wrong' over and over about this or that not existing (because 2 realtors said so or whatever) is just that. 

Then express your support with the caveat:Full marketing effort costs me time and effort and if you can't see the validity of my expert advice, then I will make the placement in the MLS but not expend more time and effort. 

I am getting into STR management, and am working with an investor (not a professional investor, just a contact with expendable income who wants to invest) on our first place together. 

The other consideration would be to evaluate how much time and effort you want to expend as a land lord who would need to drive to potential remote locations to show the property, manage tenants needs, and perform general maintenance.  

there are no mortgage expenses anymore....worst expense is our property taxes are very high, about $7,200 per year.I paid 335,000 but participated in a retrofit with the other owners at 40k, plus remodeling of approx $50,000.for money expended of 425,000. my conservative NOI is 25,000 per year, with rents of $37,000 in a competitive market.

Good Morning BP,I am starting to get into the private lending side of real estate after expending all of my resources.