The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.

Rent in the neighborhood is $895 for a 2 bedroom, 1 and 1/2 bathroom, so for 4 units it will total up to $3,580 ($1,073 difference).

The property rents for about $4K/month total.

Happy to share resources or insights that might help as you get started!

Quote from @Diandre Pierce: I have 7 rentals with a total available equity of roughly 800K.

Start there and see what your options are.....don't panic yet!

Quote from @John Reagan Johnson: I am new to the real estate industry and am looking to connect and exchange businessIf you are new I would suggest something totally different. 

Zoning- certain towns are starting to restrict Airbnb type rental units.  

**************************************************************************Insurance premiums of American homeowners rose last year, with rates increasing by more than 20 percent in six states, according to a recent report from S&P Global.In 2024, insurers raised rates by 10.4 percent as of Dec. 27, which followed a 12.7 percent hike in the previous year, according to the Jan. 21 report from the company.In total, 33 states saw premiums climb by double digits last year, with the largest spike seen in Nebraska at 22.7 percent.