I hate to say it, but the fact that you asked this question on a public forum may mean you have already opened the door to problems.

Now, I have more than a hundred doors.

I am out of state and don't know a lot about the Jacksonville market today.The property also has firepit in the backyard, smart door lock, cameras, thermostat, and router installed.

Even if appreciation is the same across the board, 3% appreciation on $1M asset or $3,000/month rent is a higher dollar amount than something on a $100K asset or $1,000/month rent.Between my house hacks and partnerships, I'm up to 15 doors (including my personal residence) where the last time I did a down payment was in 2015.

I had a super traditional W2 job and, BECAUSE OF BIGGERPOCKETS, made the transition from W2 -> into a non-traditional start-up prop-tech company (fired twice in one month)-> Then, I started our own tech-focused general contracting business serving new to intermediate real estate investors.I've more or less retired as a real estate investor (I still have about 50+ doors, but nearly every one of my deals went sideways for one reason or another), and NOW my ONE THING is working as a GC. 

More importantly, even if you do have passive investments and do qualify for REPS, it does NOT open the door to deducting your STR losses.

Currently I have three doors, am private lending for two land/new construction homes, and looking to grow! 

I personally own 12-doors in Detroit proper and I'm happy to send folks resources about the market there and/or chat about my experience.

If you are cash flowing $200/door and you want to make $20,000/mon then you will need 100 doors.

Contractor is being patient with her and trying to talk as to why she's not opening the door.