GDP increased by 3.3% on an annualized basis in Q4 2023, handily surpassing expectations of 2%.Strong growth was accompanied by good news on the inflation front, with the Core Personal Expenditures Price Index meeting the Federal Reserve’s 2% target in Q4.

With rental comps at $3300 and a potential mortgage surpassing that, you could end up putting money into the property monthly, so be ready for that and consider possible vacancy periods.

Spend more than 500 hours on the short-term rental business.Do substantially everything for the short-term rental business.Spend more than 100 hours on the activity, with no other individual surpassing your time commitment.Engage in a significant participation activity for more than 100 hours, with your combined activity in all significant participation activities exceeding 500 hours.Participate in the business for five of the previous 10 taxable years.Engage in a personal service activity (non income-producing) for three of the previous taxable years.Demonstrate regular, continuous, and provable participation in the business for more than 100 hours.If these benchmarks are met then your income would no longer be considered passive but active and any losses could then be used to offset other active income ...

Employment has now surpassed the previous peak in January 2020, much higher than in 2015.The unemployment rate was 7.7% in January 2015 and 5.1% in November 2023.Growing employment and declining unemployment mean more people could buy a home, increasing demand for purchases.Tighter Housing MarketBelow is a chart from the Las Vegas Realtor Association MLS showing the historic supply levels for single-family homes.

I want to eventually earn enough in rental income that it matches or surpasses my salary, making it easier to cover my expenses, max out my TSP, and save as much as possible while living fairly comfortably. 

It wasn’t until last year that the value finally surpassed what I paid in 2006 with recent sales at record highs of $315K.

Would appreciate any leads help.Thanks Hey there Sino, Columbus is a standout choice, with the city experiencing impressive property appreciation surpassing the national average.

Realistically I want to flip year round, but I want to have enough rentals under my belt that surpasses my W-2 income so that I can use flipping money for funding....or travel!

. - Appreciation on SFDs in many cases surpasses MFDs in a pretty high number of areas.

At the very least it is both going to surpass income from my other (2) businesses and for ROI on my time it's the most profitable.