If you're really wanting real estate as a "passive" income I would look more into syndication investing and hard money lending.

We saw huge appreciation in the 2018-2022 inflation run up, but that has significantly slowed these days in my opinion.From a rental perspective your monthly income per unit after all expenses with a typical 20% down payment is likely $100-300 when you find a property that will cash flow.

Yes, you may lose out on income in the beginning when first trying STR out, but you'll never know until you try. 

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

Anyone have any experience with placing a flat billboard on the side of a building in Philadelphia? If so, can you send me DM. Thank you

It will be cheaper than our mortgage and our incomes will be increasing.

If your goal is passive income, it's not going to be in New Jersey when you factor in cost to purchase, management costs, and rent to price ratio, but what you can get is steady appreciation.

I would spend a few bucks on nice ads in local magazines and/or do flyers in areas that are higher income. 

Here are a few tips to help you get started:Financing: Since you’ll be starting your internship soon, lenders may look at your projected income or require a co-signer until you have a longer work history.

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.