Even before only every 5th deal or so would truly allow to recycle all cash and generate 25% equity. 

It’s fantastic that you’re diving into real estate investing.. especially multifamily properties, which can be a powerful way to build wealth and generate consistent cash flow.

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income. 

My primary focus right now is on finding opportunities to generate passive income through real estate investments.As a beginner in the field, I’m eager to learn from others who have gone through the process and are now experiencing the rewards of their hard work.

@ Theresa, The ONLY doubt in my mind NOW is if this -My lease is a standard zillow generated lease.

Generate reports to easily see how your properties are performing, all within a user-friendly interface.Peace of Mind with Banking: The FDIC-insured banking features with high-interest rates and physical debit cards are a huge bonus.

Quote from @Matt Weddon: Really what generated this question was a section from Brandon and Heather Turner's Management Book, which has been incredibly informative and helpful.

Quote from @Roy Gottesdiener: I own a rental portfolio that generates around $1,600 in monthly cash flow and has $400,000 in equity.

However the older generation that lived through the 80s really like that arcade cabinet and they are the ones paying for the trip. 😉 

But if you were to use it as an air bnb or ir it is raw land that you can generate income from by farming or renting out to farmers or grazing that would certainly work.