Landlords that charge market rate have the means to maintain their homes well, which attracts better tenants that stay longer and pay more, which gives the Landlord money to maintain the home.

These can reduce your tax bill directly, dollar for dollar, making them an attractive opportunity!

Essentially, I'm holding onto this property for myself and dipping my toes into landlord responsibilities in the interim.However, I'm now unsure if I'm taking the best route, as despite aiming for breakeven or positive cash-flow, the house isn't attracting any applicants.

Most of my tenants  were clean and after they moved out I had to only pay a cleaning lady $400 to clean.

Be willing to adjust the rental price if necessary to attract potential tenants.Implement the following steps to increase your chances of finding suitable tenants and minimize vacancies.Generating Interest and Attracting Potential Tenants:Making the Listing Take professional photos!

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

Lackland area has more turnover because of the weekly graduations, colleges, and other attractions on that side of town.

It's a testament to the timeless allure of Miami's condo lifestyle and its promise of luxury and convenience.Dollar Volume: As the dollar volume maintains its course, Miami's condo market continues to attract savvy investors and discerning buyers from around the globe.

You could use that money to buy properties and teach the young lady how to manage them.....Just my $0.02

I tackled the tenant issues head-on, sorted out maintenance problems, and spruced up the property to make it more attractive.