IF, and I repeat, IF, water permeates beyond grout, it would simply wick into thinset and dry out.

The federal language in IRS publication 598 refers to "engaging in a trade or business activity on a regular or repeated basis".  

If we don't get these  refinanced we will still keep them BUT we will not have the capital to Repeat the BRRRR on our next property.  

term=ign...Now I've repeated that because it's important but I don't really want to be part of a community that tolerates gratuitous insults and have informed the mods accordingly.

Buy fix sell repeatedly to support an ultimate buy and hold strategy. 

I have been slowly building my way up for the last 7 years, purchasing a hold property every 3 years or so but am now looking to get things going on a much more frequent basis.

And like you I have learned my lessons by stepping in pitfalls and land-mines over the years and have made conscious effort to not repeat my mistakes and take my licks..

Even with all that, we occasionally have to remind the Brazilians that it is not normal to wander around the house in shorts and T-shirts in January and we would appreciated it if they donned a sweater rather than continually bumping the thermostat temporary override to 25C.Another suggestion when renting by the room is to rent furnished rooms - this drastically mitigates damages from the frequent moving in/out of furniture.

Thank you “@name” for …); and repeat until you finally get a reply.Source: “Twitter Overtakes LinkedIn as Number 1 Social Media Site for Salespeople,” Forbes.com (May 26, 2015)

Our SFR down there has appreciated $15,000 in less than 5 years. if i had the money today i would buy the house 300 yards from the one i have now and rinse and repeat.