Quote from @Cameron Marmon: Hello everyone,In July 2024, I created a partnership LLC with my girlfriend to buy a rental property.

The rents from the rental pay for her room at board at the retirement home.

@Gil CanfuBased on my experience working with over 400 investors, investing in a single-family home in Dallas with a $300K budget is a smart move due to the area's strong rental demand and appreciation potential.

We are looking to move from that, to a rental property, or a self storage property.Hey @Steve Wortman, welcome to the BP Forum!

IF you can qualify for the $1million+ duplex downtown never a shortage of rental demand, but have to be able to qualify for that price point. 

I considering buying my first rental property there, and am an out of state investor.

I’m just getting started on my rental journey.

@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 am fairly new at being a Landlord. I have been buying and dealing with Real Estate for about the last 30 years. It started with really buying my own personal home, then selling and making a small profit. I then did ...

Strategy 2: buy a single-family house with at least 4 bd, live in one room, rent out the rest of rooms as a mid-term rental on Airbnb / long-term rental.