Alway get an insurance policy right after you close on a new property that will protect if there is a non-natural loss.  

Sorry for your loss. 

After you close, right after, get an insurance policy that will protect you if there is a loss.  

Being that the rents are below market value, and the loss to lease is high for a lot of value add deals, what are you guys targeting for your Cash on Cash return for Year 1?

-- I was simply trying to explain that minor population loss alone (without considering other factors) does not really mean much for a micro-area.

I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings.

The only thing that saved me was the fact that I still had an airline pilot job and that was supporting all the losses I was incurring with those properties.My suggestion is always make sure whatever you purchase is part of your strategy and will help you achieve your goal. 

That way, you'll have a better idea of what kind of returns (or losses) you might incur.

(opportunity zones, loss of income, mortgage interest, etc.)2. 

They are also more air-tight, eliminating drafts, cold spots and heating/cooling loss in a home over time.