So if you can't use the losses and you just generated a $200k loss, there's no real benefit that year.

"the dwelling unit is so constructed that heat or hot water is generated by an installation within the exclusive control of the tenant and supplied by a direct public utility connection;"Do i need to submeter from utility or I can submeter after the main building meter for Heat or water.

Most on BP have no clue about real property, we never talk about the social aspects of a home, never talk about what housing means to the community, the tax revenue generated, the amenities government provides, the security that shelter provides or any of the basic needs we reap from a residence. 

There is no point in investing in a building in which only your own cash is generating the cash flow.

If I have a portfolio that generates 17000 in gross rent monthly, (17000 x 8% is 1360) That comes out to 16320 annually.I have a full time job and manage my rentals, so I would estimate that it should take less than twenty hours a week for a part time assisstant.

I can honestly say I enjoy my job and don't plan on leaving it in the near future so this will be a side/retirement income generator for the time being but I'm all about opportunity so if I end up having a knack for this I can definitely see pursuing it more aggressively.I guess I'm reaching out to try and get in touch with investors in my area.

Theres a certain type of mentality in todays younger female  generation that is very disturbing.  

Meaning you have your own solar or generator, water collection, and use a compost toilet?

Bottom line tho- you need to become a master a generating your own deals.

Thought I'd just generate a conversation around cash on cash return target in the Austin and surrounding areas.