So it allows for cash flow/profit at year end- but a tax loss on paper. 

However, the profit I am making on SF ($300-$550 a month) could be made on each door of a MF/apartment complex.

I visited the property and confirmed that it is a profitable opportunity.

I invest in RE to grow my seed money quickly, and to take the returns in the form of cash, so I can move forward even faster.I take the profits, and use some of it to invest in stocks...but I treat the stock market like a bank account. 

Look tirelessly for a deal until you find one so perfect and profitable that you cannot help but jump into it.

Here some interesting info and numbers about the project.Acquired: Feb 2018Rehab - 2 - 3 months.Listed - May 2018Sold - Sep 2018Purchased - $115,000Financed - $110kRehab - $63k (investor contributoin.Sale Price: $224,900 with seller contribution $6kAfter all expenses Final Profit - $21k  - 33% Highlights - Removed big pool and created big back yard, did major foundation repair to get to tolerance level, removed walls to make the kitchen open, all new flooring, new roof, new appliances and whole shebang. 

I know I could pay for work as it gets done, but I'd want all work completed within a 4-5 month time frame to get it rented out and start generating income to pay off the CCs.

Sell, Sell, Sell.Now is the time to off load all SFHs and enjoy the profits.

There isn't nearly enough information on the calculator to give me a real indication of what is actually included in your numbers...but if you're planning for $35k profit...can you also afford to lose $15k...without experience it's possible to have your holding costs be much higher...and your renovation costs be 50% over if its your first project and you don't have actual contractor bids and are just guessing based on having read J Scott's book.

So to sum it all up...I think what I've learned most or how becoming a landlord has most changed me is to appreciate how fortunate I am to have been raised and been exposed to the opportunities I have and that I was not born into generational poverty and a limiting mindset.