Technically, according to my calculator, it does cash flow when I account for the upgrades prior to purchase (which is why I purchased the property), but during the last 6 months of ownership, in my P&L, I am not making any cash flow.

Quote from @Nicholas L.: @Justin Brickmanit's a good question. 

@Jamal L.

Your examples and explanations help a lot to clear up the original question, specifically clothing items.Do you recommend I keep a record, separate from my P&L, of purchases that may be less-than-ordinary, such as a cargo box to carry tools in my truck, or car seat protector covers (to protect my truck seat from getting dirty from tools and other items), etc.?

Quote from @Pat L.: went through a friends rental to quote on a job.

I also recently FSBO'd a side by side duplex in a resi neighborhood (not in plex-ville) where the garage separates to what I'm sure will be a l/t HH. 

L.

Quote from @Nicholas L.: House hack instead.I got my first four-plex via house hacking in 2021 and have flipped 2 properties (1 via Sub-to and 1 via hard money).

Quote from @Taylor L.: For my passive capital I chose to lean away from crowdfunding platforms in favor of building relationships with great operators and investing directly with them.

Quote from @Nicholas L.: @Marius Fleischerdon't - invest wherever you livehttps://www.biggerpockets.com/forums/12/topics/1171104-the-m...Hi Nicholas, thanks for sharing.