For $50,000 you can have a turnkey low-income Section 8 rental property that generates $7,500/year in NOI.

The property alone is worth a million but is generating an estimated $250k/ yr with the ability to add 3 units on site and acquire an additional 13 acres.

Do you see these as a way to scale up in size of investments (and to consolidate several properties into one perhaps) and to make the income generated from them as a more passive income stream.

This either sounds like a seller looking to "retire" and liquidate his holdings or a Section 8 owner that hasn't kept the property (or rents) up to market levels.So, based on the numbers you're using, what return (IRR, Equity Multiple, or ConC) are you estimating you'll generate over your expected holding period?

Renting could allow you to focus on paying down debt and saving for a larger down payment, while buying now could help you start building equity or even generate passive income through house hacking.

My primary focus right now is on finding opportunities to generate passive income through real estate investments.As a beginner in the field, I’m eager to learn from others who have gone through the process and are now experiencing the rewards of their hard work.

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income. 

Seriously, lots of properties have these hidden gems—unused spaces that can be turned into cash-generating units.

The income approach might also be used, evaluating the potential rental income the ADU could generate.

I specialize in providing solutions that can help streamline processes like lead generation, deal analysis, and outreach, which can be valuable as you engage with owners and brokers.Feel free to reach out if there’s any way I can assist or if you’d like to brainstorm strategies.