And for them rasing capital on SM BP facebook whatever has been fairly easy compared to others who dont have a big SM or BP presence. 

Keep in mind, I’m based in the Binghamton, NY area, which is more of a cash flow market with slower appreciation compared to other areas.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

As for NY which is from what I see a very complicated state compared to Trustee sale states the thing to do and the ONLY thing to do..

For your $2M property, a cost segregation study estimates $316K in first-year depreciation (compared to $28K with standard straight-line), potentially saving ~$117K in taxes at a 37% rate.

Looking to invest with Praxis, but wanting to compare their current offering with a couple more. 

When you researched markets like Austin las Vegas Miami, those markets have higher land cost and are more cyclical in nature tend to have larger price swings compared to regions with lower land costs.

Even if I have a claim every 10 years I will have saved $80k over that time period compared to the people who pay for better insurance.

Need to be sure you include the "unknown budget" and never take the optimistic approach as it is better to have money left at the end than writing more and more checks that were unplanned for.Again, if you can walk through an actual property and compare notes with someone that does it in your area (key factor), you will be way ahead of what a generic book can give you.

To decide, consider your ultimate goal, manage more tenants, and analyze potential fourplex properties to compare their returns.