🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

To start with rental properties, improve your credit score (aim for 620+), save for a 20-25% down payment, and educate yourself with books like Real Estate Investing for Dummies.Research your local market using Zillow and Rentometer.

I recommend hiring either a PM or even a listing agent who you pay a half a month to a month of rent to get the unit rented.Just so you are aware, these tenants are your customers hence if you make the application process challenging and tedious at the very forefront of the process, most people don't got time for that.

Challenges?

The emotional / confidence factor does matter when it comes to conviction to hold over the longhaul.4) Are you improving or decreasing in the quality of area you are going into in order to acheive this cashflow in PGH?

Challenges?

I recently thought I found a great duplex but when a local agent toured the property for me, they didn't even feel safe which lead us to believe finding the right tenants would be a challenge. 

Challenges?

They’ll not only understand the tax side but also relate to the unique challenges and strategies that come with real estate investing.One more thing to keep in mind—don’t worry too much about whether they’re going to “take advantage” of you.

Increase Your Cost Basis: Document and include the costs of significant improvements made to the property in your cost basis.