You are now aware that you have tenants with dogs that have been cited, and therefore, you cannot claim innocence if they do any harm.  

Not answering a legitimate question, when making a claim, can be self serving and can lead people to believe the claim is false. 

I don't see much data to back up these wild claims in the article.

A lot of agents will claim to be great with investors, and not have a clue what the property would actually rent for. 

Yes a partnership tax return will probably run roughly $500; however, it ensures everyone is claiming the correct amount and not drawing the others for audit.

They claim a small cash flow, and while that looks too optimistic, I believe that they can at least break even, so the tenants would be paying it off which is great. 

(in which they did)  then pay the price, or another tennant will🤷 You made the claim that your tenants were now "happy" to pay a $400 rent increase.

Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?

Of course I can increase deductibles or otherwise decrease coverage, but that is only putting off the inevitable expensive insurance claim.