. - if I use my cash, the investment needs to generate > 5%.

In other words, individual policyholders are subsidizing the losses. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.

With 4 rentable rooms (including the basement), I expect to generate $3,600/month with full occupancy.

Since then it’s generated top dollar and I’ve maybe had to put a total of $500 into it.

I know there are a lot of very experienced investors here in the country who have been successful for a generation or so.

Selling and exploring a 1031 exchange could make sense if you can find a deal with stronger cash flow or faster equity growth, but the key is comparing your current return to what your skill and experience could generate in another investment.Here to help,Jorge

As for the experience suggestion, thank you for your bluntness JHL, we all need that reality check, but I also have 42 years (bought my first property at 16 years old) and 5 generations of real estate investment behind me and am always looking for new developments in this dynamic business.

The report is as good as the answers you provide to their questions.The risk is that you answer a question incorrectly which generates an incorrect report.I would have a discussion with your CPA to determine what the land basis is(required to start the cost segregation).I would also have your home inspection / appraisal on hand to answer the questions more thoroughly. 

With a 7% interest rate and high HOA fees, the key is evaluating if your skills and investments can generate higher returns elsewhere.

You cannot blindly message individuals on BP advertising services.