My questions are;Do I have to take expenses as a deduction in a year in which they occurred even if I do not get income until the following year  I have other rental property, but my taxable income on them after expenses is only gonna be about $5000 So is there anyway to roll over expenses to the next year since I cannot deduct the remaining 15,000 and expenses against my W-2 income?

Find the best property you can afford that also can produce enough income so that your monthly out of pocket expense is equal to or less than what you'd pay in rent.

Marcus & Millichap bullishly forecasts continued increase in rents due to stronger demand and higher incomes.

Rents are sky high in certain neighborhoods of Jersey City (we are second to NYC) as such many of the tenants are professionals with high income commuting to their jobs in NYC by ferry, 24 hour path train and bus.

Instead of trying to actively manage investments in singles and doubles have you considered investing passively in syndications?

Does the operational company already exist and have income history?

I currently own a few properties here in Bryan-College Station, I have a full time sales job so try to stay as passive as possible. 

Might be useful for passive learning. 

I am 20 years old and trying to learn as much as i can about real estate so that when i graduate college and have a steady income Ill be able to make smart investments hopefully leading to financial freedom.

Or STR the highest season for the most income and then MTR the slow months. 2.