Deduct mortgage interest, property taxes, travel, and operational expenses.

And if you live too long, it would run out quicker then you can imagine. 

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.

I live in Sacramento, and have noticed that people are offering either equal or above asking price even for homes that sometimes need 80-100k in repairs and I can't see how they would even make a profit doing that.

Furthermore, it aligns with the growing trend of home improvements that enhance daily living while maximizing investment returns.

Always do your due diligence folks, search for their name on here, check for criminal and civil court cases in the county they live/do business in, etc. 

Built in 1961, this residence offers 4 bedrooms and 2 bathrooms within approximately 1,500 square feet of living space.

It's not an expensive upgrade. 

It is virtual over zoom but taught live.

As noted above, up to 50% of gross rental income normally gets eaten up by expenses (taxes, management fees, utilities, landscaping, repairs, capex, etc).