Great thread - it actually inspired me to try changing some of my photos around.

Actually it's almost never obvious. 

When the numbers were tallied, he had actually lost about $10,000–$20,000 per property.Here’s the kicker: Had he simply bought the properties for $80,000, left them vacant for seven years, and only paid taxes and insurance (about $1,500 per year per property), his all-in cost would’ve been around $90,500.

Well you'd actually be netting more in the long run by doing so compared to putting it towards the home. 

Comps can show one thing but actually closing can be another.

I would be surprised if my underwriting would show only a $5K/month negativeIs it San Diego city or San Diego metro area but not the actual city?

@Matthew Samson, The conversion into a rental and then 1031 can actually be used with the primary residence exemption as long as you watch your dates.Your parents move out for a year and convert the property to investment. 

But please thoroughly educate yourself on what "landlord friendly" actually means on a case by case basis.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

If you sell at an actual profit, yes there will be tax.