@Byran Hyatt, great schools in East Lyme:https://www.trulia.com/p/ct/niantic/34-36-lincoln-...Deep River and Essex are also wonderful:https://www.trulia.com/p/ct/deep-river/91-w-bridge...https://www.trulia.com/p/ct/deep-river/10-high-st-...https://www.trulia.com/p/ct/essex/7-high-st-essex-...https://www.trulia.com/p/ct/essex/50-s-main-st-ess...https://www.trulia.com/p/ct/essex/55-s-main-st-ess...Schools aren't as good in Stonington, but it's my absolute favorite town in SE CT:https://www.trulia.com/p/ct/pawcatuck/63-moss-st-p...https://www.trulia.com/p/ct/pawcatuck/45-pawcatuck...

From your market SE might be easier commute.

Even if you had net rental income, it would not be subject to to SE taxes(Similar to FICA for salary ).

An LLC is a legal entity that has nothing to do with taxes.Your LLC per se is non existent for the IRS.

I dont really estimate capex and repairs per se, but my condos have way lower capex and repairs compared to my single families.

Sounds like you’ve gotten some good advice here-I’d also suggest considering Oregon City to the SE of Portland.

Not saying buy turnkey, per se...the returns usually aren't great on those. 

Then, the net income after the salary is not subject to SE income. 

Lenders are typically more conservative here than in 90% of SE markets because of the combination of a low-income tenant base with minimal, quality jobs and the high military concentration in the sub-market. 

I have a gulf access listing in SE Cape Coral that’s in a seasonal rental program and I’ve been giving the current tenants a $25 Publix gift card for each buyer showing.