Fortunately, I had recently started a new job in an essential field, which provided a minimum wage income.

In my other properties with high-earning tenants, I can get a judgment and garnish their wages, threaten their pristine credit that they actually care about, go after their savings, etc.

Aim to keep up with 80% of inflationary growth in annual wage, and stack away.

High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?

I have a stable job that pays fairly well for my age I guess, but I am not yet a $100,000 earner. 

Pay your cleaning crew a fair wage. $25 barely feeds a family of four a cheap meal.

This is a great strategy for high income earners as they can purchase a short-term rental get a cost segregation and slam a huge loss through to offset current years income. 

Lot of other factors, but dont leave your day job until you have half of your wages covered.If your a hard core entrepreneur.  

I am 18 and I work prevailing wage job.

Married, both W2 earners at 225k combined.