After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

Readers should seek professional advice.

Readers should seek professional advice.

I would also recommend talking it over with a RE professional in your area to make sure the comps for profit are accurate because it could swing a lot with different profit projections. 

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

Plus, professional management companies often have tools and strategies to maximize occupancy and revenue, which can offset their fees.

Connect with professionals who know what they are doing so you can receive proper guidance.

Surround yourself with knowledgeable professionals who can support your real estate endeavors.

Absolutely - East Hill is a really popular area for traveling heath care professionals, as well as military on short term TDY orders who are looking for furnished stays.Keys to success for my condo have been keeping the furniture fresh, and not looking like every other listing out there.

Or they bring a deal that professional acquisitions teams already know about.