• Is an interest-only structure more common, or principal + interest?

Fix & Flippers: Why You Don’t Depreciate Your FlipI had a conversation recently with a fix-and-flip investor who asked me a really common question:“How do I depreciate this property?”

For a VA purchase near a base, breaking even the first couple of years is very common and that doesn’t make it a bad deal.

Any common mistakes I should avoid?

Given your relative inexperience it's key to have a team you trust execute the rehab in a complete and timely manner.Give yourself margin for error as well.

Here is a post showing examples: https://www.biggerpockets.com/forums/51/topics/831924-beware-how-cost-segregation-is-sold-to-youFinally, the very concept of cost segregation is often misunderstood, as I explain here: https://www.biggerpockets.com/forums/51/topics/1075919-five-common-myths-of-cost-segregation-and-100-bonus-depreciationRepeating myself, the only way to have an unbiased picture is to consult your own tax advisor. 

I've been working on a solution specifically for BC landlords that automates all of this, and I'm wondering if this is a common pain point or if most people have it figured out.For those managing 5+ properties in BC - what's your system?

Usually flat return, 20%+ is common given the 2nd position weaker security. 

Are there any common mistakes you see beginners make when analyzing 2–4 unit properties?

That’s where most errors happen.A few quick wins either way:• Track each property separately• Keep rehab costs in their own bucket• Use QB bank rules to automate as much as possibleIf you want, I’m happy to share what setup I see working best for small teams juggling multiple projects.