They also have the ports (or in the case of D.C. the government) which means they will continue to be very important economically for a long time.I invest in Rochester, NY because I happen to live there, but when Kodak went "under" and Xerox moved there was no appreciation for almost 20 years. 

Study HOA documentation prior to purchase as rental restrictions can limit the usage as an income property, especially when HOA is non-cooperative.

Seeing them "graduate" out of the halfway house to a non-halfway house rental (or even a home) is the best feeling you can have.  

You could give notice of non-renewal to one or more of the tenants, renovate those units, and then incrementally increase the rent of the other tenants.

If you 1) Depreciate over 27.5 years a residential rental but its not 2) You list on Sch C yet don't provide substantial services 3) You list as a passive activity BUT in fact, it is non passive. 

Yes you can post listings from different areas into OneKey and they will still show up on public sites like Zillow/Realtor/etc.

My situation: I graduated college in May 2024 and started a FT position at a public accounting firm in September.

If you simply ask the tenant to resign the lease and then there were issues I could see them claiming deception to coerce a lease signing, so at minimum I'd likely shar with them there was a recent court ruling and you need to revise to make your lease legal.That said even if your lease is void I believe the tenancy would be governed by State law.

I have been in non profit for 13 years and Im seeking financial freedom and ways to help others do the same.

@Raghavendra Jakkani wanted to add that some states, source of income is protected so you can’t exclude income sources that may come from child support, government assistance etc.