You filed two full year tax cycles and the numbers are similar (no greater variant than 1%) they maybe yes.Generally depreciation is added back as income BUT only the 40% portion you own not all of it.

I had constant issues with the local government and the taxes were absurd.

Other advice, especially that pertaining to tax benefits, is also highly appreciated!

@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

Note: Florida charges a hefty tax on rentals under 6 months. 

I make $4200+ a month after taxes plus overtime if I want it. 

Conversely, if new houses are being built frequently, older properties may struggle to maintain their value.Property taxes also play a significant role.

The rest, put you on near-worthless drip campaigns, don't understand calculating the offer price based upon rents - property taxes - insurance - MNT & Vacancy percentages, etc.DM @James Wise to schedule a chat with him!

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

You might even want to setup a C-Corp (for tax and liability reasons as well) to manage the business with the guests and pay rent to your LLC.