When evaluating long-term real estate opportunities, keep in mind the four key pillars of investing:Appreciation – Focus on how your property’s value grows over time.Cash Flow – Assess your rental income after accounting for all expenses.Tax Benefits – Leverage deductions like depreciation to reduce your tax burden.Debt Pay Down – Use rental income to pay down your mortgage, steadily building equity.Think of it like investing in a 401(k) with a long-term perspective—especially in California, where property values can appreciate significantly over time.

In my market they keep reducing parking requirements while removing public parking.  

You can offer options like reduced rent during disruptive repairs instead of relocation; simply as a courtesy, but absolutely not required. 

In my opinion, I would just plan to reduce your living expenses so you can save up more for your next deal, it doesn't necessarily have to cash flow for it to be a good deal

I found this on their web site:Our company Tax Alchemy provides tax planning and implementation services as a flat rate fee based on the tax strategies needed to reduce your tax bill.

This is where good tax planning really pays off—not only can it help you maximize these benefits and reduce your tax bill, but it can also help determine if paying for cost segregation is even worth it for your individual tax situation.

I just add the spreadsheet we use as a sample to see if this makes sense....Would love to hear your opinions on how much money are we making for everyone else, before we make 20kI would search out for another deal, reduce the rehab (get multiple quotes) or for example I am doing a flip right now we took out redoing all the windows which saves us about 8K...

This is when the Realtors come out from the shadows and say their market is best.To be honest you can make it work in almost any market, red or blue.

Residential, in my opinion, is a hassle so I am getting rid most of those properties so I can reduce my hands-on activities by 90%.

However, refinancing would likely mean I'd have to pay PMI, which could reduce my cash flow.