So with reclaimed depreciation you pay taxes on recapture plus any gain on that 1/10 of your property.You should have a CPA handle this - not a pop up one either, go to a real CPA and have them handle this correctly.

As I think cashflow is quite important at the beggining (but gaining equity is more important in the long run), to start off I have thought about sub-renting, renting from a mum and pop landlord and explaining very clearly (and maybe paying extra even) I want to airbnb it or rent by room for students.

@Sam ChicquenSam, little late to this but I’m an investor/agent based out of Tampa Florida.I like Tampa and the surrounding markets for its cash flow and appreciation potential.There are still a ton of mom and pop investors that own commercial multi (5+) and I’ve had some good luck connecting with these owners and purchasing from them.The last deal I did was a commercial off-market value-add multifamily and was able to secure seller financing.Downside is flood insurance has gone crazy down here and can really kill some deals.Happy to help you with your search.

So my conundrum is do i just keep renting to a new tenant and deal with the maintenance expenses as they pop up, or do i try to get out now before a major expense pops up and just take the little bit of profit (less the capital gains tax)?

Now I have had a few homes where the folks never called us back so I have to assume they did not have any cracks or nail pops..

@Casey HamptonI keep seeing a guy named Tom Cruz (not the actor Tom Cruise LOL) popping up on social media promoting his Section 8 course.

This of course can be disregarded if it’s an $800k-$1.2m 3% loan  but I still think in you’re flushing a lot of the pop-top expansion.

Spell out in the lease the cost for a gardener is $300 and snow removal $200 a pop if she fails to maintain you go to full service and lease increases.

If your tenants do not like the low flow, all they need to do is to open the shower head and pop out that restrictor.If you want a tamper proof vandal resistant utility shower head get the ones they use in prison showers.

Not trying to be a dream killer but there is simply no money to be made in the D.C. no cash flow, no margins to flip, labor either to flip or just hold a property is insane, the money was made years ago, even going forward I see limited appreciation, investing is HARD everyone these days but to the extent there is money to be made you have to go to places that haven’t popped yet.