@Alison EvansI could not imagine managing 48 doors!

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

We currently own/manage properties across a few states including Hawaii so we aren't new to managing short term/mid term rentals.

I property manage STR in the cape cod so this is actually good info

With a natural in and use owner occupied housing, you could likely end up with 1-2 houses a year (each in a new city).The other option is when your baseball career is over, you will most likely end up back in your home town, so you could start the brrrr process there with maybe your parents checking in on the work the contractors and property managers are doing.Best of luck.

You can contact some local property managers and get a better idea of the rental market.

I want to remain local in NJ or at most drive down 1hr to PA (self-manage or, last resort, hire a PM)However, I must also consider maintaining reserves, a safety net for my primary home, and an emergency fund.It's just hard for a new investor now :(

Then, start building your connection with local agents, contractors and property managers.2. 

I’m just getting started and looking to soak up as much knowledge as possible—whether it’s about finding good deals, managing renovations, or understanding the financial side of things. 

You'll let them break their lease and hand them cash.I manage 400 rentals.