Looking to pivot into section 8 rentals, and Im having trouble finding a property management company that manages section 8 in san antonio.

They each have their own roles in REI.Cash flow's main role is to recover your cost,...the cash you put in, which should be just the down payment. 

You can act as boots on the ground or take an active role in running things for someone for a small piece of the pie.

Thanks Timothy,I think you are right in the sense that it is a egotistical role in the sense on why I don't want to refinance.

If, instead of a partnership, you take the role of a lender, your money will be safer.

Income approach should play some role, but not major.

The accusation and actual wording play a major role in the process.

Find areas that aren't over saturated with rentals, and an area that could easily pivot between short-term / mid-term / long-term rentals as the market fluctuates.

No offense but your post sounds very advertisy and no way income and expenses were categorized opposite even so you didn't lose on the income because it would've negated the expenses and vice-versa.Why would your bookkeeper add any equipment depreciate, this is your CPA's role unless that person was doing both. $20K additional income?

I have a modest background in web development and have been rebuilding a separate direct-booking site to align with a broader pivot to off-platform direct booking.