Not that I'm a proponent of borrowing just for a tax break, but the interest is a deductible expense. 

I live in a small town in eastern Arizona, about 7000 people, and we have a pretty serious shortage of rental properties.

CT isn't cheap so if you plan on doing it there you are going to surprised at how poorly you do. maybe in the suburbs I'm not sure but as much as I know people call us from CT and everyone is rich and has lots of money and things are expensive out there. build to rent is a great model. we build 3 story walk up infill and keep it to the residential side. 3 units is the most units before it's commercial and you need engineering, etc. check comparable and things liek that. we came up with this design a year ago and we sold 10 if you want to talk further please DM me happy to connect. there are some great build to rent conferences. we went vertical not horizontal with it to save on build costs and design to fit on any infill lot. this fits on a 3500 square foot lot. most lots in our area are 30x120 or 30x150. in miami where I live now they are 50x100 or so. but any infill lot we can pretty much get this one on. there are some great build to rent conferences coming up too that if you like this topic I'd recommend attending I'm sure you'd learn a lot. 

They track management income, expenses, vendor payments, etc.

We lived in a little apartment above the garage and rented out the main portion of the house. 

Also - what part of the country do you live in...

Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.

House Hacking Strategy: Living in one unit while renting out the other(s) is a smart way to offset your mortgage.

Refi the house so they can continue to live in it, they will get the best loans on their primary residence.

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.