How not to lose so much to government?

As long as it’s not losing steam, we’re ok.

So I would lose about $500 a month in possible profit, but I would gain in the security that no matter what I would not be stressed to have to make a mortgage payment  Thought?

Unfortunately, they lose 2/3 of the visitors in the first seconds of the site due to slow loading.

After waiting in hope for the tenants to be removed, once we knew it wasnt possible or we will lose the deal, I assumed the risk and asked for a 10,000$ credit towards the property (which i got).

Most business cards do not report to your personal credit (capital one and discover do though).But of course rule number one of investment is don't lose money.

@Ety Benichou you are looking to buy a property to lose a $1000 per month. 

Several traditional banks have turned me down because my tax returns show loses on my other businesses. 

I am not a QI, nor do I claim to be one - but as a general rule you cannot 1031 a flip.Regarding this property, what do you stand to lose by digging deeper into it, vs what you may stand to gain?

If you try to find a "one size fits all" strategy, you will lose out on so many opportunities that it will take you longer to get on that ship around the world.