Bottom line was $84,000 additional rent, $29,000 net cost to furnish, no extra operating expense.

I'm based in NJ it's so expensive here.

Typically, it's also a major expense in life.  

However, in my case the goal of my C Corp is to have just enough income to cover all the Corp expenses including all the fringe benefit that I can get from the c Corp that I couldn’t get otherwise.

These loans also carry higher interest rates and lower leverage and can have expensive release clauses if you want to sell one of the properties from the portfolio.

Then, the higher depreciation & expenses can offset the $20k cash flow.I also considered cash out refi the existing properties instead of 1031, then the mortgage interest can be an expense.

The cash flow has changed drastically and not brining in enough to cover all expenses.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes.

I found it to be very helpful in tracking the expenses but being able to upload just 5 receipts per month on the free tier was an issue so had to upgrade to paid.

It also usually comes with the bonus of lowering their monthly expenses over what they were paying in rent, but immediate cash flow is not always possible given the purchase prices in the areas most of my clients want to buy.