I thought I could grow a portfolio of cash flow producing real estate in lower tier neighborhoods but after speaking with a number of people through this platform and elsewhere, its a losing proposition.

Wyoming is building a nuclear power plant in a town of 2,400. https://energycommunities.gov/terrapower-nuclear-plant-wyomi...Cheyenne is under consideration for a company that will produce portable nuclear power plants the size of a semi that can power 750 homes for five years. https://cowboystatedaily.com/2024/03/15/wyoming-a-finalist-f...Wheatland, Wyoming (population 2,500) recently announced a rare earth mine that could possibly turn Wyoming into the largest producer of rare minerals in the world, knocking China out of the running. https://americanrareearths.com.au/cowboy-state-daily-rare-ea...There are opportunities around the country to get ahead of growth.

The interest that is paid is the investment interest expense.Any interest accrued from investment that will produce income or that will appreciate is able to be included in this tax deduction.

I’m looking into a duplex listed for 37k that produces 750 a month.

Bob Wall loved to write and was working on the storyline as well as producing an exciting sequel to Enter the Dragon entitled Enter the Phoenix.

We were able to get the properties and put in some sweat equity and they were able to take a non producing asset and get an instant income back for a season.

This can often produce misleading results.  

I’m going to make a big assumtion: You are envisioning buying enough income producing property to mostly sidestep having to work for a living  and live happily ever after on your rental income.

At RAD Diversified, we offer investment partners the opportunity to invest in income-producing farms and cash-flowing properties like residential & multi-family with substantial value-add opportunities. 

if you are going to add value and cashflow the Laundromat, I'd assume that having the business produce the funds from profit to pay off the owner's note would be somewhat straight forward.If the deal makes sense and the cashflow is there I'd think a cary back would be a good way for the seller to get the number they want and for you to bring little or no downpayment.