Home pricing in many areas are starting to soften and investors especially are losing properties left and right because they overpaid and over-leveraged them.

We did something similar and rented it to friends and people we knew in order to do a test run and have them comment on what needs to be fixed or changed.You should be able to claim the entire year for both cost seg and depreciation.

Most people can't cash flow after 2 or 3 properties conventionally.

Most investors I meet don’t realize you can buy the mortgage, not the property.
It’s a great way to build cash flow without maintenance or vacancies.
Anyone else investing in notes or thinking about getting started?...

In addition if I paid a tenant to $crew me, it may cause me to lose sleep.

Most people in the industry experimented with this already, but aren't having success because email addresses are not highly accurate when you skip trace the lists - especially if you're using a cheaper datasource.Atop of this, you're in Denver, which is an affluent market.

For many people the math part is a major challenge.Since you're currently in the 'sponge' phase, what was it that drew you specifically to multifamily over other types of investing? 

Hi everyone,I had a situation today that I’d love your input on as fellow hosts.A guest who had a confirmed reservation reached out on the same day as check-in to ask if they could change the dates to after thanksgiving.While I always aim to be flexible when possible, this request came after today’s booking was already locked in, and allowing the change would mean I lose that night’s income with very little chance of rebooking last-minute.To be clear — the guest is not asking to cancel (initially wanted to cancel but now ...), just to move the entire reservation to new dates, which Airbnb typically treats as a modification.

Asked this same question a lot--here's my two cents--first define what you're trying to work towards & when you want to get there--a lot of people want passive income with minimal effort then get upset when their "sanity" currency becomes over leveraged--check out Robert Allen's shift--he started as a massive creative financing & BRRR promoter then went the turn key route --DM if interested, can expand 

It would be a Boutique Class A home for between 6-8 people in one of the top 3 metros for assisted living.