We worked to cultivate cash flowing houses as the base of our investment pyramid, followed by fewer, nicer houses in an appreciation area (fancier houses in a beach side location), which we use for STRs.  

Lol developers normally can tie up dirt based on reputation in the area.. and like I said substantial non refundable EM in the 6 figure range..

The labor market is still challenging (and not showing signs of improving based on the escalating average age of most contractors).

We take this to mean (based on 100s of real tax court cases) any activities integral to the business of running a rental.

Is this a good place for rental Income properties 30A is mostly an appreciation based market with little to no cashflow if you buy turn key.

Is infinite COCcan y’all make sure I’m not missing something *This link comes directly from our calculators, based on information input by the member who posted.

His CPA has convinced him going forward everything needs to be calculated based on K-1 tax capital accounts for ownership. 

If you had a third party licensed company then they "may" allow it that instance but even then sometimes they say no.

Based on everything here it seems like something to stay way from.

My question is based on the following:lets say you put down 20% on 300K property which is 60k (plus closing costs ) and you are breaking even with you mortgage + other expenses(taxes ,management fees,...) included.