In that case you might save taxes building with them.

We were very excited about expanding our rental business and passive income!

AirDNA’s ROI data, like Andrew mentioned, is a great tool to narrow it down.For maximizing income and stability, I’ve had success with a hybrid co-hosting model—marketing listings to insurance and corporate partners for mid-term stays (months to a year).

- the property is based in Garfield Heights - and that my property tax will be much higher.More details: https://brickbear.ai/share/deal/1/583 Define "area not that great"......It's a high C type area.

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

That includes property taxes, insurance, the cost of maintenance and labor etc.

Was such a proud owner of this condo that we still receive rental income till date.

However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

The company and others that he runs own nearly 100 properties across the city’s low-income neighborhoods, records show.

If you're interested in seeing how that all breaks down from an income and expense standpoint, I created this Sankey diagram to share with you:As for me, I'm planning to leave my w-2 job and take a little career break before deciding what's next for me.