Nice thought but not reality by a MILE.. real estate is full of dreamers..

.: I live near Nice France half the year.

I would have to assume that if they've had it that long, they could absolutely have some really nice cash flow going.

Thanks,AniFor what it's worth: In my recent audit with the nice man from the IRS, he accepted my deductions of the interest payments on my many SubTo properties, none of which, was  I provided a 1098 by the lenders, because I could show him I was making the payments and how much.

I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.

While it's a year old, the 137% equity growth from 2014 to 2022 is quite nice. 

New Jersey is one of the least landlord friendly states in the country - FACT.Liberal policies are not friendly towards landlords- FACTNew Jersey is a liberal blue state - FACTI was nice in my original post.

If possible, it's nice to find a vacant duplex so you can vet your own tenants since you'll be living there 

So I was hoping someone else could benefit from having the big pieces like couches and beds, nice TVs, etc. 

Nice work