I think most people would agree that a single family home is better than a condo for a long term rental.

You can offset other passive income of gains with depreciation from your long-term rental.  

Is it more profitable than long term rentals?

Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...

How long does it take to screen a tenant and find a qualified one for LTR?

While you are willing to work with them, they are apparently happy to live rent free and don't seem to care about you.I had a long term tenant (5 years) who stopped paying the rent.

The fear of unknown and the bad potentials, but then sh_t happens and ya remember that we got a choice to lay down and be done in by it or roll-up the sleeves and get to work and be a solution maker. 

Purchase price: $320,000 Currently have a long term renter, the rent pays the mortgage and other expenses but provides no cash flow.

First off, apologies if this post is too long or has too much information for a first post, I am just trying top get as much put there in hopes it connects with as many people as possible.About me.. 

Long-term planning allows for steady growth, compounding returns, and the flexibility to adapt to economic and societal changes.