Subtract that and all other expenses from the rental income and you will likely have negative cash flow on the property itself.

I tried calling her lender but they will not speak to me.

But I also know that the idea of RTO speaks to my "reasons why" (Simon Sinek) I want to do business. 

I do have a couple meetings set up with local CPA's to see what they recommend and I also will be speaking with Roofstock soon to learn more about them as well.

Was wondering if maybe I need to speak with a tax assesor.

If you want to play appreciation with negative cash flow why not just buy in the Bay Area?

Also, I don't think any of the houses in Pearland flooded despite its proximity to neighborhoods that did (like Friendswood) so I think that speaks volumes about the civil engineering in the area.Hope that helps! 

For most single-family landlords with mortgages this net income is actually negative, so there is no 20% deduction.2.

There is a real disconnect between investors and general contractors. I think that investors have to understand that contractors are just as much an investor as they are when you consider time and money they put into ...

I believe the first rental is the risk after that your feet are already wet so to speak any help would be great thanks in advance