@Tyler Lingle cashflow depends on the Class of the property you buy.For the most part:Class A takes 3-5 year to positive cashflow, but you get highest relative rent & value appreciationClass B gives decent amount of cashflow & appreciationClass C historically is mostly cashflow, but at the lower end of relative rent & value appreciationClass D historically is all cashflow with zero or negative relative rent & value appreciation

Hi all,Do the deferred taxes using a 1031 a) reset with each sale, b) snowball cumulatively, c) stay fixed from the original sale, or d) something else?  

Purchase price: $6,300,000 Cash invested: $2,000,000 Contributors: AJ Shepard 30 Unit Townhome Complex Class C Value Add Buy and Hold.

Copy & Paste off page 2 and 3 of Enrolled Senate Bill 608:(C) The landlord has a qualifying reason for termination and gives notice as specified in subsections (5) to (7) of this section. (5) [Notwithstanding subsections (3)(c) and (4)(b) of this section,] The landlord may terminate a month-to-month tenancy under subsection (3)(c)(B) of this section at any time, or may terminate a fixed term tenancy upon the expiration of the fixed term under subsection (4)(c) of this section, by giving the tenant notice in writing not less than [30] 90 days prior to the date designated in the notice for the termination of the month-to-month tenancy or the specified ending date for the fixed term, whichever is later, if: [(a) The dwelling unit is purchased separately from any other dwelling unit;] [(b) The landlord has accepted an offer to purchase the dwelling unit from a person who intends in good faith to occupy the dwelling unit as the person’s primary residence; and] [(c) The landlord has provided the notice, and written evidence of the offer to purchase the dwelling unit, to the tenant not more than 120 days after accepting the offer to purchase.]

Rodney C HammondInspector Rod Inc.980-721-2967He has done several properties for me and is both professional and reasonable.Ryan Rich

No Sch C. 

You may have already done this, but if you haven't and looking for ideas, criteria could be anything like:Location |Property type (SFH, Multi, Etc) | Rental type (LTR or STR) | Property Class (A,B,C,D) | Property condition (Turnkey, Rehab) | Return Metrics (CoC, Pure Cash Flow, and more)The above is the baseline criteria I run my investor clients through when beginning a property search. 

Do you care about A,B,C,D class areas?

You're right to learn a lesson from this a correct it, because getting an extra $50 or so a month due to your previously negotiated agreement, won't be worth it in the long run if your A/C goes out in just a few years from heavy abuse

Vacancy in those types of neighborhoods (C and D class) will be high.