Lots of depreciation you will pay no tax maybe even shield some W2 income.B.  8k maybe 10k if you pick the right guy to lend your money to in interest income you will be paying much higher tax rate on this income FYI no depreciation expense. 

It was already generating steady income, and we were able to grow its revenue further by raising prices and improving operations in the wash & fold service, which led to better customer retention.Our SDE (Seller’s Discretionary Earnings) was about $77k annually.

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.

You have come to the right place to explore different ways to generate passive income.

In Italy your second house or even a duplex section the income is taxed higher.  

@Brent BoltzBrent, it is great that it changed how you look at and value you hard earned $$$. 

As a work around, we use a residential building and mark rents as commercial income. 

I am invested in a small multi family in TX and the management was not able to fill the property and do repairs and the income has dwindled badly.

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Too many low income apartment buildings near by / vacant buildings.