Figured there would be a few data points left out of the equation' that I would need to circle back with :) .There are additional units not rented at this time which could be rented to increase the income.

We are not focused on the passive income at this time as both working W2.Questions:1.

Can you count that $4,600 as “rental income” or does it have to go under some kind of self employment?

. $55k tax free is like $75k pre-tax W2 earnings...we essentially doubled my income that year.

Considering the OKC market's rental income potential and the favorable economic and real estate trends in Oklahoma City, it represents a promising investment opportunity for real estate investors seeking stable returns and potential appreciation. 

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.

It’s crucial to ensure that you’re compliant with local zoning laws and HOA regulations related to vacation rentals, as these can affect your ability to rent the property.Overall, while it can work well, especially if you're looking for income from rentals, make sure to have a clear understanding of the financing rules, potential restrictions, and the financial risks involved.

@Chris Pratt Since single-family houses with ADUs are not considered commercial properties, they are not priced based on income or cap rate.

And both types take into consideration projected income but the residential loans go against my DTI.