I am interested in investing in something a bit more passive as I am getting older and, while I love the real estate asset class, I do recognize the need for multiple streams of income. 

You have to try to estimate MTR income in your area + take into account the costs associated with MTR setup.

gothca there should be a brokerage with with a flat annual fee.. 

@Jorge Liang  I believe in CA the LLC fee is $800 annually, so factor that in too.

This is what allows for so much more retirement income.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

The energy in the market is shifting, and we are anticipating that the January data reports, which will be released shortly, will reflect this momentum.The chart below shows the annual cycle of decreasing inventory in Q1 every year for the past 5 years.

(income = 3 x monthly rent, Debt-To-Income, etc. can still be used!)

In Texas, there’s no state income tax on rental income, but LLCs have formation and annual fees.This post does not create a CPA-Client relationship.

With $1mm cash we can do 3 locations netting $40,000 before income tax per month.