Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

In 2022, half of American renters spent over 30% of their income on rent and utilities, the highest percentage ever recorded. 

I am using the tax benefit along with the principal pay down and appreciation to offset.

Payments $492 (interest, tax, insurance) currently owe $51K.

@Zach Howard there is no agreed upon Classification in the 1-4 unit market.We've done our best to logically create a system for our market, mostly based upon relative sale prices, but also using crime rates, rents, occupant income and a few other variables. 

I love talking with investors, sharing values, discussing their wants and needs, helping them fully understand what they’re investing in and helping them achieve their passive income goals is very rewarding.

Thanks again for your input, and I'll probably reach out as I get further along in the process.Hi @Edward Zachary Samperio, the regulations aren't that difficult and I'd be happy to give you a quick rundown about the density limits, hotel occupancy taxes, permitting, etc.

I believe there are a few unconventional approaches that work best for OOS investors looking to perform BRRRR in Mid- to lower income communities.  1.

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

If they pass all of the checks and have the proper income then they have a shot at moving in.