Any representative for you on a purchase who says Im staying in my lane is not an advocate for investing as a breadth of knowledge is needed to understand this territory and unfortunately experience talks and books scratch the surface of what to possibly expect down the winding road to closing a deal especially the tricky ones. 

As Dave mentioned, suspended PALs don't directly offset capital gain from the sale of a rental property by way of netting the capital gain to zero; rather, they are reported separately but in an offsetting fashion.

This calculator is more useful for Single Family.To really dig in, I'd want to see the expected change in rent by unit style to see if other properties in the area are able to obtain that and compare to your rehab budget.I'd also like to see how your expenses compare to the NAA expense categories that are widely used in the industry and the same list used by most brokers.On the surface, this looks like a good deal.  

Such as soil x add 3%, etc...And the cost in Tempe Arizona to surface over coliche may not be the same as Tennessee in a hillside.Maybe what you really need is a best case worst case number.Maybe paying the soil engineer is going to have to be a cost of doing business to get a feasibility decision?

Hey AdamIf you build the right Core 4 team and find good deals that meet the 1% rule I believe "buy and hold" could be a good way to grow your wealth in a safer fashion.

I have not had any trouble with them yet although my HVAC guy says he thinks the old fashion ones are better and less of a headache.

I want to buy properties where I can fashion the calculations to reduce principle and own the asset free and clear in the shortest time possible.  

Some people just prefer the old fashioned way so you don’t want to shut the door on that. 

For example from noticing my own weakness in this business is (1) collecting rent in a timely fashion and (2) interview/screen/and show tenants the units. 

I am old fashioned and wanted to fund the deals myself, I was not interested in raising capital from other entities like most beginners.