This is the fork where I'm not sure if I'd be good to get some CRE exp and invest in learning about how to review deals for the next 2-3 years, or focus on generating revenue for investment purposes and watch how things are done as a LP.My personality more aligns with networking, reaching out to people, connecting, navigating difficult situations and finding solutions that work.

They are designed particularly with mother-in-law or next generational living in mind.

I know many investors go out of state for buy and hold properties to generate passive income, but is Blythe a lucrative market?

The very tragic LA fires have generated a lot of discussion about insurance costs.

Offer to help with lead generation, driving for dollars, cold calling, or even administrative tasks.

They generate about $300k in rent, I get to keep about $250k of that in cashflow.

However, vacancy means covering 100% of the expenses.Multifamily properties almost always generate higher cash flow due to multiple income streams, which also reduces the risk of vacancies.

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

Rentals generate passive income, so an S-Corp offers no added tax benefit.