I’m Mark, a new real estate investor based in San Diego, leveraging my background in AI-driven lead generation to find off-market deals.I’m currently looking for small multifamily properties (duplexes, triplexes, or quads) to rehab and house hack, to build long-term cash flow while living in the property.Outside of real estate, I’m into fitness, golf, and exploring San Diego’s best outdoor spots.

Unless you find some more fees to reduce that to $370 you will be exposed to tax on the $10k difference so just a couple thousand there.The extra $30k of depreciation will get rationed out based on the purchase prices of your two properties.

These are just guidelines and may need to be adjusted based on your property's location and class.

Very difficult area to be a landlord.Tenant base is lifer tenants. very tough on the housestheft is rampant you leave a home vacant for more than a few days and you HVAC AC unit will take a walkKids break in and trash them.YAZOO Clay screws up the foundations big time.And lastly with those homes they were built so cheap in many instances they are just functionally obsolete and take way more maintenance than other areas of the country.

Wife and I are both self-employed so acquiring a traditional mortgage is challenging based on our "on paper" income.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

-Here are some ideas I got from Tony & Ashley about providing value to other investors:(Shoutout to the Real Estate Rookie Podcast!)

BP Rookie podcast has a pretty good content on Airbnb, however mostly success stories.

So, the question is not whether to invest remotely, but where to invest.Investment TeamRegarding properties in distant cities: While books, podcasts, seminars, and websites offer general knowledge, you'll ultimately purchase a specific property in a specific location—each with its own unique conditions.

If it came before the counsel, we'd be able to argue with a pretty strong case based on the dual-use of almost the entire neighborhood.