Secondarily, if we can have a year wherein we can significantly decrease our tax liability thought REI, we would use that year to convert some of our tax deferred investments (403b, 457b) to in-plan Roth conversions and pay the taxes on those conversions - hoping that makes sense.We are open to STR, MTR, LTR - we just want to make a wise decision that lowers our tax liability. 

Also, one of you said, " no squatters' rights unless living there for 21 years, " well that is just the most incorrect statement I have ever read.

I want to know what my obligations as landlord are and then make a decision if I want to go above that line in any capacity by paying or sharing the cost of something that I am not required to do.Regards,

I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

Had a call with a sales rep and they bundle 25 leads at a time, and have mentioned they would refund a lead that gives incorrect info.

This report can be confirmed and was written to remove doubt  Make your own decision.

This report can be confirmed and was written to remove doubt  Make your own decision.

It wouldn't affect whatever decision I was going to make on a property. 

You arrive at the same result mathematically, however you arrive at it using an incorrect method.

At the end, you are making the decision, but you have to understand the time that an agent will take to run the number.