However you did not consider capital expenditures, water, electricity,  and any other cost.

That said, Toth was specially allowed her expenses that were claimed as she was deemed currently operating.You should read 195 https://www.law.cornell.edu/uscode/text/26/195"(c)Definitions For purposes of this section—(1)Start-up expenditures The term “start-up expenditure” means any amount—(A)paid or incurred in connection with—(i)investigating the creation or acquisition of an active trade or business, or(ii)creating an active trade or business, or(iii)any activity engaged in for profit and for the production of income before the day on which the active trade or business begins, in anticipation of such activity becoming an active trade or business, and(B)which, if paid or incurred in connection with the operation of an existing active trade or business (in the same field as the trade or business referred to in subparagraph (A)), would be allowable as a deduction for the taxable year in which paid or incurred.The term “start-up expenditure” does not include any amount with respect to which a deduction is allowable under section 163(a), 164, or 174."

If you have one major expenditure in the first four years, all of your cash flow will be gone.

I’m just closing on my third SFH rental using a traditional buying strategy and will be all BRRRR going forward.If doing BRRRR deals, aren’t you essentially recycling your capital again and again therefore minimizing new expenditure?

This was my first investment property, so I was looking for something turnkey with no major capital expenditures in the near future.

Those which remain, just adjust their maintenance expenditures which leaves the very same Tenants which originally, wanted rent control wondering why their rent remains high and their rental quality is horrible... an example of LL's and investors pivoting and moving faster than politicians ever can. 

Also, did you include maintenance, capital expenditures, vacancy ect in that $3200 dollars in expenses?

I'll let you know in a few weeks, but with only 5/6 units occupied, it's cash neutral disregarding the capital expenditures.

I requested to redeem the funds I had invested over at "Fundrise" back in January 2020 (before the pandemic) for a Capital Expenditure budgeted for March....

For the 2 years (2016 & 2019) of Balance Sheet data that I have, the Reserve Fund was used to pay off large net losses (I'm assuming capital expenditures?)