There will still be some MF deals that go bad, as everyone has a bad deal, but I think we are going to see a lot more MF deals go bad than usual because of the lack of experience.Similar to 2006 when college kids were raising money to build condos in miami, we are seeing the same past few years where people with little experience were buying MF deals with no idea and were doing ok because at that time it was like shooting fish in a barrel.

It is a basement unit and I've had sump pump smell issue when there was heavy rain, which is pretty rare in Denver.Also looking for any suggestion or experience around this topic.

Hope this gives some idea, and there is plenty of resources online to looking including BRRRs and flipping. 

Although I don't love the idea of wholesaling I'm willing to try it as a means of acquiring capital to invest in other opportunities.I'm also a new resident of Florida- Charlotte County area.

There is an unbelievable number of books on the topic.

Previously, the idea was to use the mini-splits for A/C and some heat in the fall. 

I'm sure our situations are different, but to give you an idea,  my CPA charged me $405.00 to do my federal and state taxes.  

@Thad Gerber Here's an example of how you should be able to utilize the details from your cost segregation study:https://www.biggerpockets.com/forums/48/topics/941341-how-a-...

No because you paid with a credit card.Read this: https://www.biggerpockets.com/forums/51/topics/1167632-expla...

I do most of the real estate investing, but I have always left the decisions on that house to her.I would say, if she wants to sell the house, that is probably a good idea.