At first, you won't be able to offset your W2 income with losses, but it is nice when you sell a property at a profit and all the capital gains are wiped out by losses from other properties.A huge amount of tax savings get unlocked if one of you leaves your W2 job to focus on real estate and you get Real Estate Professional Status (REPS). 

There is a batch of brand new people with no real estate investing experience who hop on the welcome train (maybe to be nice, but more likely to boost posts) over and over with very patterned opens.Glad to hear it.

Nice stop in OKC.

Be nice and answer the question.

I've had a pretty good percentage of people respond which is nice but that's all.

My advice is to start listing early and make the property as nice as possible.

I have a very nice STR in Four Corners and the last 2 years we've been at 50% vacancy in our busy seasons because so much new product is on the market and there's still a ton of legacy owners renting out for $99/night.

Buying down to 5.75% for $4,400 will give you immediate monthly savings and stability, which can be nice for budgeting as a new landlord.

I think I’m more focused on long term gain, some short term cash flow is nice but I’m not planning to try and live on it or anything.

Fortunately I was able to add a 30” model...so I got to spend $400 on a nice whirlpool stainless gas range that looks decent too!