Its value has continued to appreciate in the rapidly growing Fourth Ward neighborhood, making it a reliable and profitable investment that aligns perfectly with my long-term portfolio strategy.

It is a non profit housing assistance service out of Charlotte.

No, as I mentioned I have LTR rentals but it's becoming difficult to keep buying these when I don't get any immediate tax benefits from them, I've bought two in the last 2 years and had to put out a bunch of money to get them ready, etc and not one cent of that is a writeoff for me until years in the future when I actually have passive profit, meanwhile I live in a high tax, high COL state.

We'll maybe in some ways but not in profits.

Doing so can maximize your chances of achieving consistent and profitable results.

I guess the question I’m left with is, what have you found the profit margins to look like on co-hosted (not owned,) properties?

Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.

Now, I also run the Property Profit Academy, where we help investors sharpen their skills and level up their investing game.

As a result, a mixture of high taxes and decreasing job prospects are making rental properties less profitable and more risky, never a great combination. 

The costs could be justified if the rental performs well (a little less profit short term, for longer term appreciation gains and with little to no effort on my part).