You have to put in the work to ensure your asset is generating maximum revenue, and costing you the least amount in repair costs.

Regarding the first scenario, the sale of the rental properties should be generating 'passive income'.If you have passive losses in the current year or from a prior year, you should be able to offset it against the passive income.

Some of you guys think the rate is a random act of weather ?

House hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.

unfortunately, they're not great at generating immediate, W2-replacing cash flow, even if you paid all cash, which is also something i would not recommend.if you want to dip your toe in the water and buy one - great. 

The city offers relatively affordable property prices compared to many other major markets, which can be great for getting good value and generating positive cash flow.

@Kevin L. buy a home that you can improve and add value, including turning the garage into an ADU.Also, take the ugliest room and rent out the rest to generate income to offset the mortgage payment or to accrue cash for improvements or additional investments.

He is working with several other operators to categorize transactions, reconcile accounts, manage late payment collections, pay vendors, generate end-of-month statements, P&L reporting, and other bookkeeping tasks.Nonetheless, happy to make an intro.

You end up generating some cash flow in interim and purchase at the mutually agreed upon price in say 28-24 months.

I started my STR without a pool heater and added that after generating some cash flow, but again that really depends on the current condition.