Plus, its worth noting that no Retail Priced property will be at a number where you're going to get the benefits of investing (cash flow and equity)What is working now is looking for single family with accessory units or mother-in-law suites, or duplexes.

Sometimes you buy low, sometimes you buy high.But as long as you stay in the market, you benefit from the tendency of the market to go up over time.People think of buying a house as this one time thing, but it’s actually more likely that you will buy, sell, refinance a few times over the course of 30 to 60 years.

I purchased my first rental single-family home in North Carolina, which quickly introduced me to the benefits of passive income.Encouraged by this initial success, I acquired a duplex in Columbus, Ohio, followed by a townhouse and another single-family home in North Carolina, all within a span of a few months.

I hope you have looked into the cost segregation benefit of STRs.

The bank will sometimes take the excess funds (difference between redemption amount and winning bid) as a immediate cash benefit on their books and write off the loan.  

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

This will give you several benefits.

However, it’s important to weigh these benefits against potential downsides, such as loss of specialization and reduced competition.

I am curious if I could benefit from the taxes benefits from forming an LLC right off the bat or if the annual costs would outweigh them to begin with. 

How are you generating steady cash flow, benefiting from appreciation, offering tax advantages, and diversifying your investment portfolio?