We still do bad neighborhoods but we look for better margins!

Atypical for a rental referral as its a low margin fee but you would route it with another landlord. 

The policies that had been discussed for a year were ultimately passed but it was by a super slim margin. 

Would there be rental expenses I could write off that would more than compensate for the marginal income?

Now I am in NY and trying to branch out if I can get good properties with a decent margin. 

Last year my largest holding FDUS, paid 13.6% dividend and stock also went up 8-9 %, as long as 10 yr flat to rising they make money on their large net interest margin spreads.if you ok with moderate risk, pick good REITS, as a group VNQ they beat sp500 last 20 and 50 yrs by about 1.5-2.0%, and they beat private real estate investors by 2-4% in academic studies as well, that's an average, that doesn't mean REITS outperform the excellent investors here at BP :)Or take out a margin loan and YOLO Bitcoin, no don't do that!

Margin spread may decrease and I could see rates around 5% conventional and 6% investment in 2023 but unlikely lower then that.

I usually borrow 1/2 at 6% giving an 18%+ return.On flips, which require work, I budget for 20% profit over a 6 month period.The secret is that your profit margin has to be great than your cost of money.Hope that helps.Bill

I guess if it's the only way to make a deal happen and the margins can cover he can fees by all means go for it.

Then leverage that investment through margin lending to purchase your properties.