Taxes, maintenance, vacancies, management are all different on each property.

I’m no longer house hacking, and all three units are rented out, generating a total of $8,200/month in rental income.

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

That will show what proposed tax increase you will see.

This is an example of private lending which is different than the IRA owning real estate and does not trigger UDFI/UBIT tax.

It will have to be a pass through/disregarded LLC to keep the tax payer the same and the 1031 valid.

The interest on the rental is an offset to rental income, and is by definition deducted from your taxes.A 4% interest rate on a primary is like a 4.88% after rate for a taxpayer in the 22% federal tax bracket, or higher if in a state with state income taxes. 

(Especially a 2-4 unit.)Do they have friends/relatives/co-workers that would rent rooms from them if they bought a property to show more income?

Bad- if your income tax is lower over there you still have to pay up to the US rate.  

My husband is a high income W2 earner, and meeting active criteria would put some of our tax dollars back in our pocket.