You may make substantial actual cash flow but after depreciation and all the other tax benefits income tax should be very low or you should have a paper loss. 

We shall see if they make the interest only payments on time. bit of advice FWIW don't charge massive interest on money they owe you .. when deals turtle up your goal is capital preservation.. so just go for your principal your much more likely to get your borrower to pay just principal  then trying to load them down with additional huge interest carries.. this could very well end up in the same place you are now.. the PG is worthless unless they have SUBSTANTIAL assets that you are aware of and can tag a year or more later after you spend thousands litigating.. 

Notably, Thousand Oaks has rent control but is phasing it out.Because a repeal of Costa-Hawkins will substantially broaden the legal alternatives for cities to implement rent control, California landlords currently operating under the protection of the act may need to rethink their investment plans if the measure is approved in November.Investor Insight:If this ballot passes and you own California rental real estate, you may need to reevaluate your investment strategy.

These neighborhoods are not making a substantial comeback where they will be middle class housing in the near future.  

An amount that’s sure to increase substantially as the area gentrifies.

They get paid only if we get paid...The amount we are after is quite substantial so it is worth our while, and like you said, if we go through a court instead, we will still have to collect.

The other thing to realize is that you are likely going to be tapped out at 80% max LTV between your first and second lien - so while the equity might be substantial in dollar terms, the lenders are going to look at this in percentage of value of the asset. 

While this is attainable to buy investment homes "on the market," substantial returns are found on off-market deals.

While HUDVASH tenants have a substantially better success rate than your average Section 8 tenant due to the VA support system that comes with the program, it doesn't mean that the behaviors that brought about those evictions always go away. 

It’s true - if you’re not looking for private capital (for 20-40% down) and bank capital (for the other 60-80%), you’re not serious about building a substantial real estate portfolio.