Investment Info:

Single-family residence buy & hold investment.

Purchase price: $87,500

Cash invested: $128,000

Buy: Purchase Price 87,500

Rehab: Renovation Budget 40,000

Refinance: ARV 160,000...

The order of the steps is illustrated below.Below are some of the most important criteria by which I would evaluate potential locations based on dependable passive income characteristics.Inflation Protection - Unless your rental income increases faster than inflation, your buying power will decline.

As an investor, inflation works to your benefit in many ways, this is one.

Prices are inflated and rent rates haven't caught up.

As far as bonds being good right now they are another option is if you want to go down a rabbit holes is inflation protected bonds.

Do not worry about inflation.

As to the article I think the best part is the last paragraph where the FED is worried about inflation.

Hard to see as everything is clouded by the Dark Side...Inflation... :)

Anything else is a personal decision but defiantly higher rent year 2, maybe 10% higher fi inflation isn’t fixed. 

My definition of a dependable passive income is as follows:Reliable - You continuously receive the income with minimal interruptions, in good and bad economic times.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Persistent – The income continues for a long time; you and your spouse will not outlive the income.Below is an illustration of the process I recommend following:Goals - Start with your goals.