., Thanks for the reply.

Thanks for your reply!

It can be surprising how many people simply never consider any of that, as if the government was this Well of Infinite Money, and all you need to do is recite the correct incantations to the High Priest Politicians to gain access ("Here's a check for your next campaign" sometimes works)."

I’m talking about 800+ credit score, proof of concept with correct bids for the build and correct ratios, and need for specific niche in the area.

@Wayne Brooks isprobably correct in the fact that they won't have more money to bring.

If I recall correctly, it creates a liability for the owner by muddying the legal water if an eviction were to become necessary if they violate other terms of the lease.

I appreciate your reply.

@Brandon Sturgill Thanks for your reply.

I believe this was changed under last year's tax "reform" bill, but may not have been a permanent change.If I remember correctly, you can take the CapEx as expenses or 50% or something like that.

If a property that is worth 5.3 million today at 6% cap approximately, can be bought at 5% interest rate; if the same property I could get at 4.3 millions in 2 years if the market falls, then interest rate possible at 6-7%, my cash on cash may be better but still not significantly better due to the higher interest rate, plus opportunity costs of sitting on capital for 2 years (1.3 million investment earning 1% bank interest instead of 7% COC if invested, loss of tax break depreciation, total loss may equal 200k loss in profit), plus increase in the rents and some value add could increase the cap from current 6 to 6.7 or so in 2 years.Unless, I find another source that can give me a COC of 7%, sitting on cash for 1.5-2 yrs for market to correct may itself be a loss.