If I want $400k a month I am in commercial real estate and luxury office in downtown area like K st dc etc.

This is generally going to be a loan product for a long term buy and hold property. 

A couple ideas below:- Have tenants pay utilities if they don't already- Refinance into lower rate- Increase rents (or convert to mid term/short term rental or rent by the room)- Call the county tax assessor's office to ensure there was no mistake in the tax increase- Call your insurance broker to get you other quotes- Sell the property and 1031 into a better market that does not have those issues- Self manage if you currently have a property managerHope these help!

I'm buying the property cash, in a trendy neighborhood.

Portfolio income, such as interest does not have any preferential tax rates so it is taxed at your ordinary tax rates.For the average taxpayer, interest income will not be considered active or passive which the original poster is trying to claim(as passive income).You, from my understanding, are in the business of originating and buying notes.

Investment Info:Single-family residence buy & hold investment.

Flipping is not a great option right now if you aren't experienced because regular home buyers are buying a lot of the dumps and overpaying, spinning the market for trash homes up too high to make any money flipping.

Find other arbitragers and "buy a listing from them" Whatever you do keep hustling and keep offering value! 

@Travis OglesbyCheck with your local county assessor office to get a platt map.

Quote from @Natalie Johnstone: Hi All - I'm brand new and have a goal to buy a property by EOY.