Thank you for the insight, that was really helpful.

I know this is a difficult claim and has been posted before but I haven't seen any posts with the following specifics:Taxpayer (aka TP) is a W-2 employee for real estate company that develops and owns/operates mostly multifamily and some commercial spaces. 

Quote from @Marty Rogachefsky: Hello!

You often hear from real estate investors who scaled businesses  attribute their success to great contractor relationships, a realtor who helped identify an underserved housing need, lenders who gave them a chance despite not having a balance sheet, even good attorneys who navigated them through entitlements or perhaps accountants who educated them on tax saving strategies.  

I'm looking to dive in and learn so I've been just trying to practice underwriting lots of deal as best as I can to calculate the cash on cash returns and DSCR ratios. 

Following this thread to see what responses come up. 

I'm Todd Hornquist from Zumbrota MN near Rochester, passionate about real estate investing for one year.  

Aside from the obvious dangers, I’m seeking best practices and how experienced investors  in this area handle hurricane damage?

Quote from @Mike H.

I'll update it as I learn more.