My investing lifestyle really took off!  

If you move a sewer stack you'll have roof repairs to factor in as well. 

As long as you factor the higher interest rates (they are short term of course) into your initial calcs before you close the house.

I've spoken to my CPA and -- cutting to the chase and factoring in passive losses, etc -- if I were to 1031 it into different investments, I'd need to spend about $100K of equity against about $300K of debit (for a total of $400K) in order to qualify for a "like" property and avoid capital gains.What I'm looking for are thoughts on the best strategies moving forward. 

offstreet parking is a critical factor in the neighborhood.

With lower income tenants with kids, I'm sure they also want their kids to go to good schools, but that is not always the most important factor.  

As you do, take notes, and I suggest that before you do another investment, have a plan for dealing with the taxation.In every deal I have ever done, taxation was one of the three or four decision factors for buying, selling, holding, etc.  

If not, the cost of utilities you'd need to pay should be factored into your assumptions (it'd be surprising, for example, if heat and hot water were separate for all units).

All investors leave 10% in their rehab budget for fudge factor to account for unbudgeted projects.I know several BP people that used credit cards to fund the rehab part of their investment so they were able to pay that back in a short time, but to fund the entire project on credit cards for flips is risky on top of flipping (which itself is a risky undertaking to ensure you plan properly to ensure you profit on the sale).

It's a range using only a few factors.