Congratulations, you get to share your partners tax burden and pay the depreciation recapture at ordinary income rates. 

Companies are having to set aside a certain percentage to cover the Cap Rate insurance and as an abundance of caution with these interest rates- class B are paused.

If I leave this amount in Sch-E, I get taxed at ordinary income tax rate at Federal and State level, which along with my regular W2 income can be substantial.

Those computer algorithms are good for looking at a general market rate, but they are not accurate for specific homes.

Indeed as Stevo mentioned, there are no Canadian versions but it still works, the only difference is the mortgage interest rate is compounded monthly in the USA vs semi-annually in Canada but that doesn't make a huge difference in payments.

I paid about $1500 in closing costs between title, appraisal, etc, but the original loan was wiped out in favor of a new lower rate. 

@Michael HoustonSo cap rates are for commercial properties so they have no use in 1-4 unit values.

Leasing, technology, interest rates, sustainability, AI, etc?

I am unsure how to accurately predict rates and occupancy.

We invest in some deals because they meet our Hurdle Rate/Return on Investment objectives.