If the property takes some time to find a tenant, takes money to keep up the payments.

From what I can tell with all the research I’ve done I need to set up the app on my phone (to see the video) while in close proximity to the camera to connect.

Over the years, I've built up decent cushion in stocks and retirement accounts - I'm right now trying to figure out where to get started... 

If you end up at out-of-state but have capital, you likely be on a turnkey solution.If you are starting locally, that may be wholesale, brrrr, flip, buy-and-hold, (STR, MTR, LTR), and more. 

The other two don't take into account the time your money is tied up.  15% of ARV is great, if your flips take 3 months. 

This is the kiss of death shows up. 

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

Or stair step up on your homestead value pretty dramatically in a decade. 

They are faster, won't get lost in the mail, and less likely to bounce.You could have renters set up automatic payments from their bank to yours.

If your MAGI is below $100K, you may deduct up to $25K of passive rental losses against non-passive income, phasing out at $150K+.