However, there can be various reasons why a rental home fails to generate profits.

It’s usually the C/D property investors who are sensitive to late fees because they are often times running  business rather than investing in real estate where they have to nickel and dime the tenants to generate revenues.

If you're new to a city, that might be a way to generate some good income year 1 and 2, while you build your network. 

As such I am able, over time, to generate a higher ROI, but with some absorption of losses along the way.  

I also have several generators on standby just in case—being prepared always helps ease their minds.Let’s hope for the best and stay safe!

do people find value in these generic GPT generated responses?

Patrick, thanks for sharing your strategy and insight into building as a way to generate cash flow in today’s market.

Some of the main reasons I started this journey is so I can eventually take my family on trips to experience different cultures, help less fortunate people, and build generational wealth. 

Basically more leverage to generate interest.

Outside of this issue, it generates a net income of $27,592 (annual) after all expenses.