I've been toying with the idea of getting into rentals as some more supplemental income, and although I've struggled with the math as far as justification, i believe the main reasons folks here by rentals (please correct if I'm wrong) are: Cashflow (although I've seen people do deals eg on Roofstock for only $100-200/mo) + appreciation (when sold) + taxesSo assuming I'm correct there, then the potential tax benefits are 30% of the reason to do rentals.

For the past couple decades everything that has worked continues to work well.However.This resilience to change is what bankrupted Toys R Us.

For example any car parked between the hours of x to Y are towed or any unregistered cars are towed.

I’ve mainly been working with realtors on the small Multis in the Keys but I’ve been toying with sending a mailer and starting up some ads.

I think we are going to come on the market at 1.95  exicted about it.. we put an elevator in it..I was in a client of mine in Singapores home in Feb and he had an elevator in his 3 story home .. ( and a single family detached non lease hold home in Singapore is some big buckaroos.. but anyway it was glass like a hotel kind of cool.I was also toying with a Tesla solar roof and power wall if I could get that by the BAR.. probably not though .. lets just keep this market going for a few more years please.. :)

I have toyed with this, but I would be completely new to the landlord side of it.

I installed the Automatic on-board diagnostics adapter in my car for personal use (I got it as a fun toy and decided I didn't really need it when the company came out with an upgraded version).

What you are toying with is called mortgage fraud. 

And I have tools and some toys in the garage so I would need some extra garage space ... which an apartment may or may not offer.

You have ~60K extra that either becomes an emergency fund or toy fund :)With a HELOC, it is unlikely that you will get anywhere near that LTV.