Cash Flow: Owning multiple rental properties can generate consistent income.

Research rental rates and tenant screening to ensure the property generates income.

She'd been averaging $63000 over the past couple of years and due to increasing costs needed to find a way to generate more revenue.

This would allow you to keep the property in your portfolio and generate ongoing income.From a tax perspective, holding onto the property as a rental would let you take advantage of depreciation, which could reduce your taxable income.

The experience of generating consistent cash flow from that rental property opened my eyes to the potential of leveraging real estate as a long-term wealth-building tool.

If you're living on the road, this could be a bit challenging unless you're comfortable working with a reliable property management team.On the flip side, long-term rentals (whether it’s one or two properties) typically offer steadier, more passive income but might not generate as much monthly cash flow.

Hiring a property manager can be a game-changer, as they handle tenant issues, maintenance, and repairs, leaving you free to focus on your job while still generating passive income.

From what I gathered, most folks getting to a million that are younger are in a random business of some sort, then placing money in RE assets.

Long-term holds may seem "boring" to some, but they provide a dependable way to build equity and generate passive income over time.

While dropping the price did generate some showings, it might be worth holding steady for now to avoid the perception that something is wrong with the property.