Principle, interest, property taxes, property insurance, HOA fee, repair reserve?  

Not sure your area that you're investing in, but the perfect BRRRR are kind of hard to come by now in the recent years.. so have the expectations to leave some type of money in the deal..Big thing that I've ran into and I've seen other investors run into is running out of money doing the BRRRR.. as some or most times you have to leave a bit of money in the deal, folks usually run out of cash to continue to do deals.. especially in the recent years..But good news is.. as you're holding and cashflowing on the deals, there is always opportunity to recapture the equity, not to mention tax benefits etc..I also see some pitfalls in investors getting desparate for deals, so they get lenient on their number etc.. as they do i see some get backwards on some deals...

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

I’ve just joined NW REIA yet often can’t make the meetings due to my schedule.  

Looking for effective operator due diligence / risk mitigation methods

Then, of course, visit real property/tax department for past due/current payment status of all taxes.

They need the insurance declaration pages (1-2 pages showing the annual premium and the insurance agency contact info), property tax bill, and mortgage statement. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Question: If we move the house to a different location vs demolish how  would this affect the 1033 and capital gains tax.

Property management companies often receive volume discounts and priority service due to the volume of work we provide to these vendors.