Once both occur (in any order) in a property, I sell, because from that point forward I'm losing money on both the CF and the Equity as it builds. 

Properly executed, an investment in these types of property can garner substantial passive losses, often equal to the amount of capital invested (or more) even in years where the benefit begins to sunset.A few words of caution: - The tax benefit is valid as long as the gain incurred from the sale of property AND the investment with bonus depreciation occur in the same calendar year. - Be careful not to let the "tax tail" wag the dog.

Yes I do adjust my min stay based on how far out the booking occurs, this is a feature in PL. 

Money is held by "escrow" (The Escrow Company) for the time it takes to get all of the paperwork done, then the "closing" occurs and that money from the buyer, is wired to the seller. 

But yes you're acting like an insurance company, you're pocketing the premium and betting that a catastrophic event won't occur.

so pre 2020 hail existed and why would it matter if a landlord has hail occur or a primary owner has hail occur? 

Getting through all the hiccups that occur during inspections and closing is a right of passage. 

Like this guy Adam Neumann, so he bankrupted his WeWork investors, now he is trying to make multifamily syndication flashy with some more marketing hype and use his connection in VC world to well....trap the naive investor again.Be careful lot of these guy doesn't really have a shame and even someone said we have to thank them even here in biggerpockets LOLmany syndication are just snake oil for lack of better word, if you see their team and their acquisition team member, some of them are not yet even graduated when 2008 occured and teached all dangerous stuffs all over social media.

Most of the successful challenges are the result of improper notification, which occurs more often then you think.  

In this case, the taxation actually occurs on your tax return.