There's nowhere in the USA, that I'm aware of, where you can just buy any property and have it cashflow - unless you have a time machine😮For those of us that were investing prior to the Great Crash of 2008-2010, it's back to the decades-old basics of investing.I remember advice an seasoned professional gave me almost 30 years ago: you'll need to look at 100 properties to find maybe 10 worth making an offer on, in the hopes that 1 is accepted.How are you going to program that in your AI model?

Hard money lenders will fund based on ARV but if your ARV is optimistic or rehab runs over you end up stuck refinancing at a loss or holding longer than planned.

Doing it this way can help mitigate the risks of investor loss to the syndicators you raise money for. 

I had invested in out of state RE in the Midwest before. buy & holds in OH that we ran into several issues with, incompetent PMs and lot of repairs required leading to losses and instability.2.

The short version:- **Without REPS:** Cost seg losses are passive.

It happens to experienced investors too.From a tax standpoint, here’s the clean way to think about it:If you sell at a $22K loss and it was truly held for resale (a flip), that loss is generally ordinary and can offset other ordinary income.

The reason QuickBooks seems so intimadating, or any software program for that matter, is because we are using a computer to enter in our income and expenses instead of a piece of paper and a pen. 

Why pay a premium if they aren't holding their weight.

If you have 60 seconds, I'd love your take on these 5 questions:​What is your #1 "Dealbreaker" when someone applies with a dog (besides breed/weight)?​

A $10,000 loss would produce the same tax savings either way.