Without REPS, the depreciation will create passive losses that can offset rental income or be carried forward.

I'm hoping you can save me some time from re-creating it. :)

I'm focusing on building relationships with high volume agents, wholesalers, buyers, and sellers in this market to create dealflow for myself and my clients.From a strategy perspective - we work heavily on co-living properties as it is one of the best ways to make things pencil.

If somebody out there has a bunch of sub to deals, this could create big problems for them I imagine. 

The program was created to give low-income tenants an alternative to living in federal project housing.S8 sets their rental rates to the LOW-END of market averages, if not slightly below.

But I am looking for a local CPA.I see no compelling reason for that. 10 years ago, most of the local clients of my firm liked to come to our Houston office.

Additionally in terms of a GP/ LP relationship, would preference of LPs create the same dynamic in choosing one GP/Sponsor investment over another, if all technicals and numbers are the similar between two investment?

I make sure that they help in creating new systems and processes, always asking for their advice.  

Working with a qualified intermediary (QI) ensures compliance with IRS rules.This post does not create a CPA-Client relationship.

Economic UncertaintyEconomic pressures, such as inflation and fluctuating interest rates, created hesitancy among renters.