I've been diving deep into the Albuquerque, NM real estate market recently and wanted to share my findings and insights with fellow investors.

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

For me I think it depends on how much money you have invested into the home and for how long?  

Some homes even come with tax breaks or city funding to help cover the costs.

Just don't see the S-Corp or another LLC having a place here..I've heard tax advisors say it takes around $70k min of self employment income for the break even point for S-Corp to make sense.

What about maintenance if a device breaks?

I'm not sure if the deals are just difficult at the end of 2024 in to 2025 or I'm just inexperienced.

Before you press on, maybe take a break and consolidate. 

also look at the tongues, some are very thin and break easily. 

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.