Diversifying income streams and focusing on appreciation alongside cash flow creates a more balanced and sustainable strategy.

Understanding the market enables you to spot good bargains and steer clear of potential loss-making regions.

Income Snowball, a system of investing in which a person can create self-sustaining passive income).

Here’s why I’m asking: I have an Excel model that analyzes deals for a specific region.

Attend the local and regional Real Estate meetups.

However, this is a conservative regional bank, that is on the NASDAQ, so maybe that’s the issue?

I think real estate due to the amount of money you can make and how quickly you can make it attracts people who may not understand the idea of sustainability and being consistent in what you do. 

there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions. 

Advise him in writing that - email AND via US postal system with proof of delivery required that the lease remains in effect as is and that you, again, recommend that he file a claim with the provider of his renter's insurance for any losses he felt were sustained. 

Of course to maximize your tax benefit it needs to be sustainable over time.