Having rentals that just pay for themselves or generate excess cashflow you can tap for other things?

Quote from @Roy Gottesdiener: I own a rental portfolio that generates around $1,600 in monthly cash flow and has $400,000 in equity.

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

An argument can be made that you will generate a higher net worth there than say middle of nowhere Alabama.3.

@Ken M. if the Morby's subto wrapper cant payoff the underlying 1st position loan when it's accelerated because of the sale, then he/she would have to liquidate the wrap note (by selling the note) to generate the cash to payoff the underlying.

Significant and sustained population growth leads to demand exceeding current supply, causing prices to rise until there's a rough balance between sellers and buyers.

However the older generation that lived through the 80s really like that arcade cabinet and they are the ones paying for the trip. 😉 

But if you were to use it as an air bnb or ir it is raw land that you can generate income from by farming or renting out to farmers or grazing that would certainly work.

I would like to start generating some passive-income and start with some residential properties in my initial portfolio.   

So you can have section 179 losses for your rental even if the rental isn't generating positive taxable income, as long as you have other active income.