Readers are advised to seek professional advice.

Quote from @Andrew Steffens: I just use 1 card for 65 units (managed) and 1 card for 8 active rentals owned. 

Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other types of income.

Readers should seek professional advice.

Keep learning and seeking new opportunities!

For prospects seeking to rent many months in advance we are typically declining those and seeking to lease up as close as possible to the next available date so as to prevent potential gap periods that will be harder to lease. 

Seeking creative financing to sell the house and let the new owner take over.

We currently own one rental property that’s fully paid off and are actively seeking new investment opportunities.

For context, I’m active in Columbus, Ohio, but I also spend a lot of time in Miami, FL.

You can also get into more active strategies like STR and rehabs, but the work required to get in this is significant and at that point you might be able to just get a new role with the same pay with the equivalent effort.Is your entire industry in a hiring freeze or just your company laying off?