Even if I am to not be taking home the lion's share of initial deals, I'd like to still be building some capital for future dealings.

., not available for rent) cannot be deducted as current expenses but must be capitalized, adding them to the property's basis for future depreciation once it's placed in service.

Once you trim it down to the better properties you can be pickier on deals in the future.

Again, if this becomes an issue in the future for your other tenants, then I would consider not renewing their lease. 

I believe we will see an uptick in audits in the near future.

Complaints are always dicey when you live or have property in a jurisdiction they scan your license plate and have visibility into your property that may negatively impact you in the future.  

Debt is rarely a factor in their issue.You made some good points about the importance of marriage affecting a person‘s happiness and future.  

He shares his past, current, and future flips.

I have a wife and 3 kids and the weight of their futures on my back.

Hi Ursula,Even though this post is a few months old, I thought I’d chime in just in case you’re still working through this or for future projects.