Just looking at the deal from the outside I would have hammered the bank down more on the buy price and kept the rehab costs down much less to keep my cost per rehabbed unit down to fatten the equity.It's not a horrible deal but certainly not a home run.

I would add the following to that list:Building inspectorsGarbage disposalsCeiling fansFaucet sprayersFlat roofsAdditionsToothless neighbors that tell you they "don't like rentals"Fat tenants that clog the toilet due to the disgusting processed food that they eatBF/GF's who break up and think YOU should decide who stays and who leavesContractors who show up late because their life is a total train wreckSideshow neighbors who don't keep up their property and make it harder to rent or sell yours.Furnaces with a glow barThe pressure relief valves on water heatersPhone calls after 4:30.

Or, Should I just wait and put money in as I close wholesale deals to fatten up the pot for later.I guess I'm confused on what I can do now w/this account to generate a return.?.?.?

Think about fattening them up by wrapping them (cosmetically) - see photo example below - painted would be okay too.

Once they fatten up in 3-5 years, I cash out again, put the money into cash paid rentals where I'm moving to, keep these ones here to keep growing money like crazy and repeat.

@Daniel Dietz - not to be pessimistic, but I have done a lot of analyzing recently on MF deals, and have found a lot of inconsistencies in what the owner says the numbers are, and what they actually are in this place called "reality"......If it looks thin, either do enough homework where you know you can fatten it up, or kill the deal.

I think it is a bit of a deterrent, but I don't think this new tax will do much other than fatten the political pockets.

The other properties are replacement properties from previous 1031's so I'm stuck with them as investment properties.....Nice thing is, I don't have to put more cash into RE deals, I can just keep 1031ing these bad boys as they have fattened up. :-)In an ideal world, I'd like to sell and just  hold the cash for now, but because I held them all for so long as investments (they were primary residences before) I am stuck.If you have another way out for me, I'm happy to become a client.

@Pat Jackson It could be that he is also fattening you up for the kill.

So she constantly bakes wonderful fattening concoctions that she drops off @ the property I am rehabbing.Yesterday it was 12 cream puffs stuffed with a brandy flavored custard prior to that it was cakes, soups etc etc.