Another loss for you.That was very detailed and easy to comprehend.

-At End of Lease, we send Tenant Move Out Checklist which they may or may not complete-I go walk the property, trying to comprehend the vague move in checklist, take photos and notes of the current state of everything-I get quotes for repairs, get cleaning done, then write a move out report explaining if/how much of their deposit we are deducting and send it to them-They ultimately call or email and complain that I am treating them unfairly despite photo evidence of messes/damages they left and quotes explaining clearly showing the reparation costs.Over all this process takes a hand full of hours and I feel like their must be a more efficient way!

I dont know if thats realistic or not in San Diego....but a decade ago I purchased a home here in DC that had free cash flow of about $200, and today I get $1600 a month.While you say you dont care about appreciation (which I cant comprehend why someone wouldnt, as thats how you get rich), do you care about rent growth?

OK, this just came across my desk and I will admit that I am having a heck of a time comprehending it.https://www.irs.gov/pub/irs-drop/n-19-07.pdfDid the IRS just clear make the first 20% of my rental incoming non-taxed?

Not sure I fully comprehend what your asking.

It seems that a lot of investors are buying a lot of properties with refinancing, but I don't quite comprehend how they can just add more properties (given that they do have the downpayment) with a similar income.Once I have $700,000 property (3 plex, one of the floors we live and 2 units rented out at $2000x2 = $4000, and the mortgage of $3380) with the same household income, how can one add more properties given that I have the downpayment for the next property (not waiting next 5 years to pay down the equity)?

It seems that a lot of investors are buying a lot of properties with refinancing, but I don't quite comprehend how they can just add more properties (given that they do have the downpayment) with a similar income.Once I have $700,000 property (3 plex, one of the floors we live and 2 units rented out at $2000x2 = $4000, and the mortgage of $3380) with the same household income, how can one add more properties given that I have the downpayment for the next property (not waiting next 5 years to pay down the equity)?

I listen to Podcast and watch YouTube videos to try to comprehend, but I think if I see it visually exactly what I’m doing start to finish of what I’m getting into, I’ll understand it better.

You keep it up someone will comprehend what you are saying and your area will be flooded. 

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