On 4 it is $12,000/year.  3.3% depreciation is similar numbers - usually almost eliminating all your taxable income from financed properties after repairs and maintenance is factored in. 

Sponsor is regularly seen on-site at every property in their portfolio, regardless of personal cost. 

You can park them in regular parking spots, sometimes 2 in 1 spot.

Many days I get more but solicitations than regular mail.  

Based on only the facts and circumstances listed above and if it meets the 2 out of 5 year test, it will be considered under the $250,000 income threshold and non-taxable.

To that end you could do regular inspections to identify issues before they grow into bigger problems.

The 401k I used to have said if I default it didn't negatively affect my credit, but that it would become a taxable event like a withdrawal (come tax season) and I would have to pay penalties for the amount I had remaining. 

We've been getting fake W2s regularly since COVID. 

However, in 2-3 years, they will require regular trimming, which will cost money.

I plan to regularly re-evaluate and refinance properties to pull out equity for further investments without over-leveraging.12.Professional Management: I’ll consider hiring a property management company to handle day-to-day operations, freeing up my time for further investments and strategic planning.Additional ConsiderationI've considered using the BRRRR method instead of paying off the mortgage first.