For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

@Jimmy Lieu makes a good point to invest where large companies are investing. 

As far as Lance Kawaoka's claim that the reason there wasn't much response to a post about checking on the quality of a large, well-known, super-markety sponsor is that members wouldn't want to declare that they are a high net worth individual just doesn't hold water.

This can help you greatly with the additional depreciation.Ultimately, med to large MF and small 2-4s are totally different products. 

You don't understand what I'm saying regarding Market Analysis, which is understandable since it would be hard to explain in this limited format. 

If you have an immediate need for a large sum of cash, I'd lean cash out.

.- Your maintenance and repairs will be mostly limited to the interior of the property as the condo management will maintain the building- You won't have to worry about tenants maintaining the grounds around the buildingCons:- Condo fees may change drastically over time and it's largely not in your control- Condo bylaws can be tough to work around.

I also would like to reduce the audit risk due to large bonus depreciation. 

In 2021, I successfully launched an Airbnb, thanks in large part to the amazing advice and support I received from this community.

Moving walls usually requires figuring out what is or isn't load bearing and likely putting a large and usually expensive header.