So, six figures is a strong possibility given a good economy; 2024 has been a bit slower for the area, however.

., cost segregation studies), carrying forward 2024 losses, and accelerating deductible expenses to reduce taxable income.Shift to Passive Investments: If management has become burdensome, hire a property manager or transition equity into more passive assets like turnkey properties, syndications, or REITs to reduce workload while maintaining income potential.Expand or Reinvest: Use your equity to acquire new cash flow-positive properties in markets with strong fundamentals, focusing on diversification and long-term stability.By refinancing, selling underperformers, or paying down debt, you can improve liquidity and cash flow.

It is hard to give up the strong cash flow though. 

Reno's STR demand has been unexpectedly strong and rewarding.

If you have strong savings and income it's not as big of a deal

Do you have a strong lease that you understand and can enforce?

If you're thinking about auctions in other areas like Phoenix, San Diego or Austin, I've built a strong network over the years and could introduce you to some folks who've been down that road.Pat and JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Both have perks and strong demand here.

However, higher property values mean there’s also potential for strong rent growth, which can help balance out the numbers when you refi.

Building credit and a strong foundation are huge accomplishments, and West Palm Beach is an exciting market for house hacking.