There's really not a cost-effective solution for utility monitoring for SFR, other than Nest.WhatsApp for business communications is lmited - how do you scale and hire someone to handle, while being able to track what they do?

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

Good luckI must have not communicated clearly.

What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

I kind of gave up on Stessa, just do not have the time to deal with ongoing computer issues and constantly not being able to communicate with a company.

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

That’s our primary method of communication so it works.

You should also be well versed in the local vacancy rates and how they effect your unit and turnover times. 

Any insights from your experience, whether positive or negative, would be greatly appreciated.The attached link explains the current situation with the Detroit Housing Commission (DHC), highlighting that they are severely understaffed and have limited communication with both tenants and landlords.

Make sure you understand their timeline for funding—speed can be crucial for flips—and their experience with similar projects.Look for a lender with clear communication, transparency, and flexibility.