Giant dog ..1150 rents ..Organic vegetarian diet in LA living in poverty level income .

Is it strictly a liability issue or do you find you get a tax advantage? 

Some cities have decided they don't like STRPs, and have been strict with regulations once they decided to regulate.  

However, that clause is not strictly necessary for the contract to be enforceable.Also, I am not a lawyer, so please don't interpret any of what I say as legal advice. :-)

The consensus was being thankful we're all still this side of the grass (So many of our friends have gone before us) & we are not on diets.

I'm a little unclear on your question, but if you're talking strictly hard money typically out of pocket costs would be down payment, closing costs, appraiser and inspections both upfront and on draws.

I’ll hold my section 8’s for now as well, I like them too and I’m hoping they’re in the path of progress long term and will also be a nice blend of cash flow and appreciation eventually, just no longer buying more of them strictly for how they pencil out on paper.

@Matt Everling there's multifamily all over the city, so if you're strictly seeking to meet the 1% rule then some areas to consider would be:-Southern Pkwy/3rd St/Iroquois park corridor-Churchill Downs,Taylors Blvd, UofL areas-Shelby Park, Old Louisville-Shivley, PRP, Valley Station-West Louisville, PortlandCertainly theres other opportunities if you go a little outside the city to Mt Washington, Sheperdsville, Shelbyville etc

Otherwise, the lenders seem to be pretty strict on the one year rule.

I'm not approaching this from a strictly selfish basis either.