Not much different than a hammer.

My W-2 gets hammered by the IRS...but my schedule E is beautiful.it would be a very interesting study to see what the average length of ownership is for land lords ..

I prefer this for a few reasons: It allows me to reconfigure interior layout and install all new plumbing and electrical with out jack-hammering a slab.

Budgeting for snow is super tricky up here, You pre-pay -it’s a mild winter,you do it by storm -you get hammered on...Keep you posted !

I posted this in another forum that has a similar question so here it is:The landlords who got hammered and lost their properties in 2008 were the ones who were overleveraged with rentals that were not cashflowing.