If your other income is higher than $150,000, then none of your losses are deductible in the current year unless you qualify as a Real Estate Professional (addressed in item 6 below).5. 

The price of the property will likely remain the same but you can request credits or items be fixed prior to closing assuming proper contingencies are in place.  

I think the 3 items you mentioned in your post are perfect. 

But even with HOA being what I feel is modest estimates you can still get a cash flow of about $300 from a property worth $100k. but I’ve only just begun learning those equations.I suppose I could write another post with the itemized list I’ve come up with and ask if it is reasonable.Anyway I appreciate the advice!

. $6000/10 year life span/12 months in a year =$50 per month capex for 1 item.

Dial in on that and start there if its SF then start immersing yourself in SF, learn everything there is to know about it, how its valued, typical items to watch for etc... and then learn the language of that niche and the nuances.Market, what market do you want to be in, drive the market and look at buildings research crime rates and vacancy talk to PM's in that market.

There will be unit turnover costs, and capital items (water heaters, roofs, etc) that may need repaired during your ownership, so make sure you are saving for those with these reserves.To be honest, there are deals out there that make sense, but in today's market finding SF rentals where the numbers work is very challenging.  

Sending out Loan Mods but never following up and explaining the terms to the borrowersSending out the Loan Mods via most expensive overnight courier and charging you for itTaking 2 months to get out a demand letterOn "Client Managed" loans, emailing you to tell the borrower to send checks to their new address, even though they are charging $55/mthCharging for Payoff statements and other items on loans in Foreclosure that are Client Managed, whereby they do absolutely nothing and still charge $40/mthIssuing incorrect 1099's where interest from the year before was included.  

You have 3 units. 2400*$6=$14400/ 10 year life span / 12 months in a year= $120 per month for 1 item in a budget.

The "house contribution" goes to all communally used items such as trash bags, dish soap, toilet paper, laundry detergent, coffee, etc.