- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?

Id be happy to break-even with the rental income if I get all of my invested capital back.

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

No amount of insurance covers the personal loss.2.

I expect greater than 10% just for the loss of residential F/f financing.at 10% difference, or even 15% difference, coop would be up there with lot splits on sophisticated value add.  

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.

This approach will help preserve your operating capital.

If I had known the numbers they quoted me were total garbage, I could have sold my houses much earlier and saved about $80K in losses.

Expect to spend another ~$8K for that.If you are planning to close all-cash and bring enough cash with you for operating expenses and rehab, you are looking at a minimum capital raise of about $3M and that is for a cheap 32 unit.

Recently decided, to invest in a mobile home park but sold at a loss.