Based on the info you provided, it seems like a no brainer to make it a rental.

Even if rents are trending up, if your tenant base can't make ends meet, the asset won't perform.

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

@Cherie Carr deal machine has an app for that it subscription based.

Then, once you incorporate an entity structure, that will play a part as well.Hope that helps!

Hi all! Excited to join the BP community.
About myself - I am a principal of a RE development company and co-founder of an proptech company. 
On the RE side - I own/developed 2,000 residential units across the Unite...

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

Now IF you have all those bases covered, my tips are: Take GREAT pictures and for the love of all that is holly please no close ups, wide angel pics.

These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

I sure like the concept though.. and I bet its fun.Hey Jay, we handle it by being a subscription-based investment club.