Principal paydown, equity, appreciation etc.

I should add, while that's CAN be nice to take losses/deductions, its better to actually be positive and make money.If you flip, you are considered dealing in inventory, not an investment property. 

Some have more than $1 million in equity while others have less.4.

Since townhomes and condos can be less expensive they sometimes can cashflow a little better than SFH in year one, but over time the SFH appreciation in value and appreciation in rent growth can turn into better cash flow and more equity in the long run.  

if your goal is cashflow, but you don't want to self-manage a STR or MTR, then selling to make that equity work harder for your somewhere else is the only thing that makes sense. q: would your time be better spent focused on flipping & letting that rental break even, or going through the process of turning that equity into cashflow via a 1031? 

I had to not only list and promote but I had to protect the equity during the negotiations with the prospect buyers, coordinate the move out with the tenant, who was previous property manager and was exercising all her rights which tend to make the situation less than ideal for sellers/landlords.

Appreciation - money you earn as a percentage of MARKET VALUE (not equity) - a mortgage will 4x your returns on this vector.3.

The draw to the tired landlord is they get a lump sum from me, and the rest of their equity over time as cash flow to them, spreading out their capital gains taxes.  

Profitability is shown by a positive cash flow.To help with your housing expenses if you want to live in one of the properties, consider the possible rental revenue from the other units.Remember, the specific criteria for a "good deal" can vary based on your investment goals, risk tolerance, and personal circumstances.

Structure:  Manager receives syndication *ownership* shares via sweat equity and all the investors obtain shares by purchase.