That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

One strategy is to pursue properties (in your preferred markets) that have been listed for sale for over 90 days (even longer is better).

I am financing the difference between the existing mortgage and the sale price.

Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.

Over the past decade, Columbus has attracted substantial investment from tech giants like Intel, Google, Amazon, and Facebook, which have collectively committed over $50 billion to developing data centers and semiconductor manufacturing facilities in the area.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

Hey @Scott Trench unfortunately real estate losses (active or passive) will not offset portfolio income from stock sale gains. 

How about a sales contract with contingencies but with a limit where the buyer can only terminate the contract if their find material defects exceeding a certain dollar amount.

I tried the Reia and it's basically a giant sales pitch

Purchase price: $225,000 Cash invested: $40,000 Sale price: $375,000 Bought a large 4 bedroom pool home and flipped