Any insights would be appreciated.https://www.adamssheriff.org/sites/default/files/2018-03/evi...

I am also of the belief that if a property cannot produce $1500-2000+ in rent per month, you're just going to have a hard time covering capex.

@Tim Ryan I should have said the unit is uninhabitable and by rehabbing it will produce rental income, so a years rental income/ capital invested = CoC return?

I have file a suit for back rent. 

It's shedding material from impact of sun's rays, that's how elec is produced.

I understand this is my responsibility and I filed an insurance claim and the garage is currently being rebuilt as the entire thing was destroyed.

I did not read the rules around security deposits. you may be allowed to use those funds and still file a small claims action for any remainder, but I can't imagine that it would be worth it if you have at least one month's rent in security deposit. 

Our 2025 goal is at least 2 income producing properties, with usable equity. 

But the $1m value increase has produced a good return (and why my equity position is so high).Recognize when you increase your down, you are purchasing the cash flow at a rate qual to the interest rate.  

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.