They’re a great way to generate passive income with minimal hands-on involvement.Looking forward to hearing more about your goals!

Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

Find out through asking the right questions what will help solve any existing problems, that will give the seller a nice monthly Passive Income Stream, etc. 4.

This requires an income that allows you to maintain your standard of living throughout your life.

As the cleaning company continues to grow, I am looking to invest in real estate to create more passive income. 

Gross income right now is 2700.

A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

A lot of our housing stock here has finished basements or in-law suites, so with something like that you can generate significant rental income for an inexpensive conversion. 

The northwest suburbs of Akron are the higher  income areas.  

Yes, you may lose out on income in the beginning when first trying STR out, but you'll never know until you try.