However, a $300,000 house may only rent for about $2,000 (0.67% ratio).You can see how the cash flow (in terms of rate of return) decreases with each of these scenarios.There are of course a million shades of gray in between.Try some searches for terms like "1% rule" or "2% rule" or "investing for cash flow" and that may land you on some further explanations.

Remember without these Officers we would not be able to live as peaceable as we do.The Dallas Area Rapid Transit Officer who died today, first in the Line of Duty for DART: Officer Brent Thompson, 43, joined DART PD 2009.This is to all of those Men and Women who have served in the military, or In the Line of Duty as a Police Officer for whichever governmental agency, or private agency.

Keegan Thompson What part of RE investing are you interested in?

I specially enjoyed Comments from @Ben Stoodley, @Ryland Taniguchi, and @David Thompson.  

But if you're just someone with a handful of rentals in your city, your CPA is playing in a gray area without substantiated backing for his choice to allow those miles (unless he found something different than the 3 professionals who commented in here). 

Kind of a gray area....If MFJ you qualify for it generally. 

@Zareth Gray you know we are talking about a a 4 unit apartment building, not a 3 bedroom house, right? 

I second what @Anthony Thompson said about MMM.

I understand evaluating the property and making sure it cash flows, but the financing side of the house I still have a large gray area.

His videos on YouTube on identifying true cash flow passive investments are top notch.Also was a regular at Berkshire Hathaway & many of the private parties & enjoy reading Scott Thompson’s book called the Art & Science of Value investing & fellow author Bud Lubitan.Syndication investing all the way especially if you can identify returns at 15% or above in any market.