It'll likely be much lower.Of course - on subsequent years the property tax footprint can rise by no more than 5% YoY.I'm trying to dial in my P&L here, so if I do find a decent investment property option, the math can be done quickly and I can get moving quickly.

I am a land lord but don’t own my residence.What are my options?

Quote from @Logan Barwick: I Am looking at getting involved in rental properties and debating on which option would be best.

I've been exploring that option, how has that worked?

As a new investor, your best bet is to start small with an app like DealMachine or Propstream so you have direct control of your options.

I have multiple lenders that can do 100% financing for your short-term rehab loans and long-term DSCR cash-out loan options to refinance and hold the property once it has been rehabbed.

But I think the better option is tenant pay for it, that way they will know it may go against them for not paying rent..

Perhaps there is an opportunity for us to work together.Thanks again for responding.If you're looking locally, I'd focus on markets with a decent amount of activity/inventory so that you have more options i.e.

If you are hoping that this property will stand on its own with you living in it and not having to put your active income into it, then it might not be the best option for you right now. 

Best of luck and if you ever want to brainstorm options, happy to chat!