3) Average income was up 4.5% in 2024.

What is the quickest and most feasible way to transition from living there to setting up this house for passive income: leaving a property manager or somebody to take care of it!

Hey BiggerPockets community,I’m in the process of defining my investment strategy, and I’d love to hear from those with more experience.I have enough capital to pursue one of these two paths:1️⃣ Build a Single-Family Home Portfolio: Gradually acquire around 20 SFHs using the BRRRR strategy or focusing on positive cash flow properties.

When I did my first house hack in Columbus I showed very low income on taxes. 

Being able to use real estate to offset taxable income requires some sort of participation on his end.If he wants you to be the boots on the ground, it will likely be hard for him to reduce his taxable income.

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

I'm not 100% sold on being a landlord, but listening to the Bigger Pockets Money podcast is gradually changing my mind.If anyone has any resources, let me know.Thanks.Hey @Geoff Engel, welcome to the BP Forum! 

You have to try to estimate MTR income in your area + take into account the costs associated with MTR setup.

I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.

Focus on long-term guests, like corporate clients staying 30+ days, because it’s easier and brings steady income.