Our BR house is way more luxurious and has more activities, but our Morganton house has an amazing view and it books more.  

Looking to replace ordinary active income completely with passive income as quickly as possible while managing risk.Rob

I can plan trips a year out and it will likely coincide with an active deal that needs more guidance than my asst can provide.I would add a #6 to your list of positives - FREEDOM!

Usually in this limited case having the ongoing litigation or even a judgment can lead to disruption in their business (ever fill out a PFS and have to check the box actively involved in litigation?)

I'd also get proof of their insurance and say it must be active for the duration of their lease...and write rental insurance as part of the lease, so if they cancel it, you can get rid of them.

Most agents in my market have seen a noticeable decline in activity that really started in Q4 of 2023.

RE Pro Status supercharges this.If you or your spouse are an RE Pro, your LP investments can lead to depreciation offsetting both passive and active income.If you are not an RE Pro, the losses due to depreciation can only be used to offset passive income—such as income from other rental properties or other passive investments.

Once you've determined your objectives, look for markets preferably close to yours with active job growth, population growth and an economy without too much fluctuation.

Those are my favorite deals- they don't understand their rights within their own contract or state law when i comes to real estate transactions.

The 10% you think you gained is long gone if you attempt to sell with an active mold issue.