Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.

@Shaylynn O'LearyI think I may have posted this in response to you in another thread a while back, but here goes again.If you pick a random "low cost" market like the ones you named, don't know anyone there, don't set up a network, buy random properties, and turn them over to people you've never met to manage, you will most likely lose money. 

After I posted this.

Warning: This post contains many charts, and I did not see a way to simplify the presentation.The zip codes in this study include: 89002, 89011, 89014, 89015, 89031, 89032, 89044, 89052, 89074, 89084, 89117, 89123, 89128, 89129, 89131, 89134, 89135, 89138, 89139, 89141, 89143, 89145, 89147, 89148, 89149, 89178, and 89183.

Originally posted by @Eric L Conry:I suppose I'm thinking of the increase in monthly cashflow getting rent and not having a mortgage to pay...

You will waste both your effort and others without a clear post.   

I'm completely new to this, just signed up, and I've scheduled a call with one of them that posts a lot on social media...maybe the same one.

I know it has been a while since you posted this and while my partner and I have both established HELOCs, I have been thinking again about what you said here.

I did receive an update shortly after posting here.

Note: This post is for informational purposes and should not be considered legal advice.