.-  This is both correct for Value Add to a degree and incorrect for non value add or low cost. 

Turns out the home warranty wont cover the cost of repair or replace because "they can not work on a system that was incorrectly placed or fixed."

I don't necessarily need this equity to buy my next property; I'm currently postured to continue using other people's money and other streams of income to finance future deals.  

Not only was the incorrect amount being deducted (no money was being added to my principal), but I was also unable to determine what was being deducted, when and why.

Not only was the incorrect amount being deducted (no money was being added to my principal), but I was also unable to determine what was being deducted, when and why.

According to my new CPA, which has extensive real estate experience, that's incorrect.

I have not purchased any MF home so far but my research so far has produced the following pitfalls:I) incorrect rents a) the owner does not state the correct rent. he lists the rent he would like to get orb) He lists the ongoing rate for a SFR with the same number of rooms/baths - they are not comparable at all orc) the owner lists the correct rents but "forgets" to tell that those rents are based on a yearly contract with the first one or two months free.

You should also be able to see where that jump came from, they may have calculated that space incorrectly. 

@Nephtalie Pierre, after further due diligence, I'm incorrect. 

Instead I'll address topics where poor or incorrect inforamtion is given or perhaps more detailed and specific questions.