It has brought me into a great depression mentally as I have to start all over... but its hard talking and trusting people now.

While that is not a big hurdle, it should at least start to give you an understanding of the mentality the Italian government have towards business owners.

Came up with a little mental "que" or montra if you will the other day while driving to help me through those tough mental days, and wanted to share...."

Happy to connect one on one to dive into this and give you some clarity.

Logically we keep telling ourselves, we have the experience to easily make the transition but mentally there's a big difference when dealing with 100's of thousands of dollars on a single fam / duplex and millions of dollars on a 20+ unit property.

Until you get better clarity on those answers, you are more likely gambling instead of investing.

@Sebastien TinsleyFrom experience, starting in real estate investing is all about clarity and action.

Hopefully, now you have enough info to talk to your current CPA and get clarity, You are using the word "cash flow" and this could be income or a distribution based on the scenario you described.

The people that lived there must have had severe mental and behavioral problems.

You could have hired a PM and been financially and mentally better off.