Additionally, if you're purchasing where there is a HOA, you may have to prepay a few months of HOA fees.

In addition, filing an extension can be beneficial even if you plan to file before April 15th.

This means taking the steps in your daily business such as executing contracts and ensuring everyone who performs work is not only insured but lists you as additional insured. 

Additionally how much of an interest rate premium are they charging to originate loans at that value. 

There is no such a thing they will just add it to the bill and you will pay interests on it.

I swoop in and buy it for a discount, do my thing to make it more appealing, and ride it hard.

Is that when you add an addition on top of an existing property? 

A discounted PM means discounted services or lack thereof.

Your feedback make sense.1) I am in the North east so buying more doors is an arduous task so I don't plan to be a RE investor with many doors (because I won't have enough money).2) Other reason is that even if I somehow got another rental, chances of making positive cashflow given current prices/interest rates is remote (especially given I am not a seasoned RE investor).3) I don't have an urgent need for money.Given these three points, I don't know what passive profits would I apply my rental loss of $26K against...unless you can think of a way I can use this loss to ease my way into an additional rental.Else, I agree, I can hold onto the rental for as long as I need to and then sell and use the loss then.Thanks for the guidance!

Additionally the North Augusta Brick Pond, Hammonds Ferry Restaurants, The River View Recreation Center and both North Augusta, as well as Augusta Downtown are within walking distance.