KowalIf this is true a sound strategy is to get bonus depreciation to get as much loss as possible (which gets to reduce my pension income) and as much sec1231 gain (which becomes cap gain)

However, this year it was crazy with the cap. expenses. 

My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.

We have a cap on the # of STR permits you can get. 

Yes new builds are turnkey and better for maintenance/cap ex costs but it's more expensive and moving parts to building.

Conventional investment property loans cap seller credits at 2%.

However, I couldn't find one that offers a good return in terms of cap rate and cash-on-cash (CoC) — the prices of homes are very high.

There is a cap on short-term rental permits in Breck and in Summit County ... and both caps are well over the limit.I'm not against AI, but these types of un-vetted responses can harm new investors. 

Section 8 typically has a cap on the rent rate, dependent on bedroom counts.

This probably should have minimally been a yellow flag and an indicator that the group may not have been buying at attractive cap rates.7.