Readers should seek professional advice.

@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.

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. 

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

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.

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.

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more. 

In fact, I help professionals generate leads and streamline operations by assisting with VA hiring, ensuring that time is spent on high-impact activities.• Key Piece of Advice: One thing I wish I’d known sooner is that networking here is about cultivating long-term relationships rather than just quick wins.

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