@Peter MorganMy recommendation would be to replace them as you don’t watch to have issues later where the have a slow leak.

But losing your W2 will slow down investing unless you have private or hard money.

In this seller's market (slowing down now) it hasn't really mattered that houses have been listed at 2021 or even 2020 prices.

This might slow down the requests.If they keep this up, raise the rent at the end of the lease or let them know you will not be renewing the lease with the appropriate notice.

Xx feet wide by xx feet deep?

No matter what way you cut it if you make money on the deal you will be in a better position than not doing a deal and making no money.Check out IRR or internal rate of return as that would be much more helpful if you want to dive that deep into the numbers and will be the true rate of return on the investment vs just one aspect related to taxes.

@Larry ShephardFollow REIAofOakland.com and FB Metro Detroit Real Estate InvestorsYou might also want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

However, it will likely slow the construction and make it more expensive.

Lucky you didn't light up like a Christmas tree on 220 volts.Lucky a pedestrian didn't light up like a Christmas tree on 220 volts (negligence/deep pockets).Lucky the renter didn't light up like a Christmas tree on 220 volts retrieving the cord (negligence/deep pockets).

Slow down.