Your best returns with the lowest headaches will be SFR in a non HOA area :)

Send it certified mail, return receipt requested if you are so inclined. 

Once you're at a $3,000 net loss, that amount can offset other income as an adjustment on your tax return. 

*Almost anyone with a pulse could put up good returns in the 2010s.

They are going to look at tax returns, they aren't so much looking at it month to month basis.

I just returned from a trip to Detroit to analyze a list of properties for the Wayne County auctions happening this September.

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.

We do not invest in Syndications, not good or bad, we do our own investments with higher 250% to 400% COC returns in 2 years.But we have the same considerations, when making our investments.

Long-term rentals offer diversification, learning experience, and lower returns but may generate lower returns.