agreed it does not matter for the fully engaged RE professional income varies from year to year.. this is why we hire CPA. it is what it is.. now we can take steps through the year.. like buying things that we can get accelerated depreciation on etc etc..

And, while I have had 1 travel nurse so far, my 4 other renters have all been business professionals. 2 from outside the country, 2 from other states.

A couple replies: The property would be managed by a local professional property manager who is paid out of quarterly maintenance fees charged to the owners.

Properly and professionally managed property in Texas has meters for every unit.Again, I'll point out meters are well under $100 each.

Readers should seek professional advice.

Once you have your shortlist, I recommend hiring a professional title company to handle the detailed due diligence.What’s in the Guide?

Network: Connect with other investors, real estate agents, and professionals in your area.

I had a friend who house-hacked a duplex and found that while being next-door helped him quickly resolve issues, it was tricky keeping the relationship professional.

Get rid of this tenant and stop the bleeding.P.S. the money you are losing each year is more than you would pay for a professional property manager.

Network with local real estate groups and professionals to connect with professionals.