It is a get rich slower scheme, but with less risk.How do you figure a paid-off property throws off more cash (per month, yes, but in comparison to how much you put down?)

I read in the thread he has do reno 5 of them as well, hmm I wish this poster all the best, Someday when I grow up I will be like youAll the best  it maybe a bit much but at least your prepped for it and if you do better on some of them then thats fine but expecting these type of assets to perform with section 8 tenants over the years as he has stated is just dreaming.  

As an example I was looking at a multi unit, smaller building and within 90 seconds of viewing the proforma I saw the maintenance/repair figures were "low".

I have one company for another property that does ok so long as I don't expect rapid responses.

I did a "blind" assessment where I paid/reimbursed a close family friend to go in as a guest because there were a lot of details I wasn't privy to- and wanted to understand (the whole experience and process from the guest perspective from the initial inquiry, emails, etc.).They shared the email communications (some of which was glitchy or not quite as good as what I'd expect, or told me of delays in receiving responses).

But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.

As one might expect, there is a real tool here but it's more for niche problems than for widespread use.

I figure if the equity we have cash flows better than similar equity in a single family residence in Utah would, then we should consider this AITD as a serious option.

With different municipalities I am expecting this to be a bit more lengthy for us. 

Future land appreciation in this area might outweigh any tax benefits from buying in other areas, with a better (tax-wise) ratio.Before pursuing your plan, talk to a real estate accountant to figure out if you can, in fact, benefit from cost segregation.