Flood Insurace around here basically works like this:  if you are in an X zone, you can have a PRP prefered risk policy. 

You could carry the negative cash flow and hope for appreciation and equity.

How risk adverse are you?

Rehabs are a fairly easy and low risk value add. 

A few people working together have much more property finding ability as well as capital than just one person alone, and I feel doing a mini-syndication on properties is a great way to start out since you're sharing knowledge as well as risk. 

A little background: This will be my first investment property, so I don't want to take on too much risk.

., Form 8824 of your 2014 tax return carries forward your basis and resets whatever depreciation needs to be reset. 

To leverage your capital and your equity is the only way to grow faster and larger but there are inherent risks.

I feel like there is limited risk in the live in sweat equity option if you buy right.

We read the civil code over and over to make sure were doing everything to the T and didn't want to risk making a mistake like sending it back late and not be allowed to charge them anything for damages.