Taxes are fairly high so that should be taken into consideration.

My total of all annual expenses is about $220K- everything, insurance, haircuts, leisure travel, property taxes, etc all included in thereI dont want to semi-retire any time soon, but I think it's smart to have long term plans.

Do you pay the local taxes on my property?

Obviously, we need to maximize our tax effectiveness in the situation and the monthly is going to be huge, especially if we can’t get the rents to cover the mortgage.

There are a lot of older homes in the city, and higher taxes in the suburbs make cash flow challenging. 

Do you want to do fix & flips where you are taxed the highest or rentals where you are taxed the least?

You pay employers tax, wc rates, and deduct employee tax, etc.

At current rates probably 30% down to get to a 1.2 DSCR.As an OOS investor, you have a huge disadvantage compared to local investors and you are cost burdened by paying a PM.

No tax returns.

They always say that there are only two things that are certain in life - death and taxes.