@Ethan Slater here's some info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

Meaning you get 4-5X the depreciation to defer your income from being taxable.

STR-friendly markets make it easier to get started and grow your business, and the lack of state income tax is a huge perk.

Hi Derek, I am not sure of other companies where you can passively invest but as for Paramount Management I would stay away. 

I would not buy a new vehicle just to get a write off - Only if you planned to get a new car anyway(I.E. if your old car is worn out).A lot of people are focused on deducitons but not focused on the income coming in / out.Best of luck!

Once you sell all your rentals, what do you plan on doing for income? 

I doubt he'll be able to quality for a loan (VA) with just his income. 

The interest on the rental is an offset to rental income, and is by definition deducted from your taxes.A 4% interest rate on a primary is like a 4.88% after rate for a taxpayer in the 22% federal tax bracket, or higher if in a state with state income taxes. 

I was feeling good about this whole idea of out of state passive income until I read the last few pages of this thread.