Certain cost might need to be capitalized and depreciated over time and given the rehab was over $100,000 I'm sure there will be a few large transactions that need to be capitalized.

In my free time, I like to work out, run, watch sports, and hangout with my family.

And, as Nathan noted, you are likely giving up huge appreciation potential, which will likely never be replaced by cash flow.But at the end of the day, if you are in a declining market in LA and are able to find great deals in higher cash flow areas, taking into account the likelihood of needing to outsource everything and additional travel costs to visit the properties a couple times per year, and you don't really care about appreciation, then it could work for you.  

The customer who places no monetary value on your time.

There is not a specific property in mind at this time, since I am just running the numbers, but if you are interested in a partnership shoot me a message. 

There was for a time a meetup in Middletown NY as well. 

Finding a capable and trustworthy co-host, only to dump them after a short period of time for tax reasons?

I’ve been working hard on an AI-driven Quick Analysis tool that cuts down underwriting time by 92%.

I've recommended her on the forums a few times and have gotten great feedback from other members.

Currently we have one sent out at the time of bookings with a thank you and parking instructions.