Ren to own strategy attracts better tenants, reduces landlords maintenance cost, gives some people home and gives the landlord more cash upfront.Thanks for reading and replying!

Your cash flow is reduced, but you have a large sum of money that even the debt free cash flow would take forever the equal.The question should start with how much money would you get either way, at what cost per month, and would they still be cash flow positive?

No luck is reaching out and speaking to four different lawyers and only one of them actually investing any time or energy into it. 

If you don't like the opportunistic people, don't give them your precious time and energy.   

There are probably local groups in your city or state huddling together to figure out how to reduce the amount of money that can be made via real estate.

The amount of distributions treated as a qualified higher education expense with respect to the qualified education loans of any individual can't exceed $10,000, reduced by the amount of distributions so treated for all prior tax years.

I think you should look into properties nearby and do some comps for fourplexes to see if its worth the rehabbing. yes, rehabbing will take more time and energy, but if the return is there... wouldn't it worth your while?

It is getting too wrapped up in reducing tax while not considering your business goals and maximizing cash flow.I would look for a different CPA - 24 years of experience is great, but only a handful of investors in her client load likely means she won't be as familiar with many considerations of even a small property investor.

Hi Andrew,Any equity they pull out of the property in a loan or HELOC will have to be repaid and will therefore reduce their cash flow amount. 

Any costs that I can reduce?