I don't need to click on the link because I can tell that you likely have not seen the property.

You are more than welcome to attend.Feel free to reach out if you would like to connect!

As of 2024, the bonus depreciation is 60% (subject to change pending the passing of laws) which allows you to immediately depreciate 60% of the asset’s cost.1031 ExchangeA 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).

I like that strategy because you could do 1-2/year and leave $5k - $10k in each deal.

How likely is that to happen depends on how close the lender is following their portfolio.

I believe when you add a 3rd unit they do some extreme things like require you to add fire sprinklers throughout the property which is prohibitively expensive.

It sounded like it can be easy to "pierce the vail" of an LLC for a personal injury lawyer to go after personal assets (they sue the LLC and then they sue you).

There are many people on here and other places like meetup that you can gain experience in flipping with little or no money for the education portion. 

Did you feel like living directly across the street from the school was a benefit to the renters or did the traffic make it a potential minor deterrent?

If its been on the market for a month with only 1 applicant, then that surely sounds like an issue and sounds like it's either not properly marketed or the price is too high.