You must report rental income on Schedule E and can deduct rental expenses like repairs, maintenance, property taxes, mortgage interest (allocated between personal and rental use), and depreciation for the rented portion.

I’ve found that leveraging local networking events, investor meetups, and even direct outreach through social media can help bridge that gap.One challenge I had to get creative with recently was navigating a complex title issue on a property.

If you have please reach out to me with direct message. 

If you self manage I would still keep property management cost in mind if you change directions. 

This strategy showcases how buying directly from motivated sellers, renovating strategically, and selling retail can yield substantial financial gains in a relatively short time frame.

To answer your question directly OP, to sell a deal and make money. 

I was thinking maybe Houston because my boyfriend lives there and I’m there a good portion of the year as is, but I’m open to any good market.

Yes, some immigrants send remittances to their families, but the majority of their earnings are spent locally—on rent, groceries, gas, and other essentials—directly supporting the U.S. economy.

If you need further help, DM me, and I’ll point you in the right direction!

It would be a great help if anyone could point me in the right direction here in Birmingham.