I would rent my Town home out right now and cash flow really decently.

For tax purposes, does anybody have an idea of what this would look like as I would be living in one unit, renting one-unit long term, and then short-term renting one unit to maximize cash flow and write offs against my W2. 

I'm hearing your warnings about getting into self-managing without lots of local knowledge and experience and am taking into consideration.

I think this may become more of a consideration if Congress decides not to renew bonus and it continues to phase out.

With active inventory surging by 14.2% and the months supply of inventory climbing by 22.9%, it's a reminder that the flow of supply and demand dictate the rhythm of the market.Miami Townhomes & Condos: Meets Coastal CoolNow, let's venture into the heart of Miami's urban landscape, where townhomes & condos embody the city's pulsating energy.

The cash flow on hand when you buy?

This could potentially add some cash flow to your house hacking position if you convert 1 or 2 of the units to that strategy.It sounds like you're handy enough to rehab some units if need be and/or do most minor maintenance, so you can cut down on that % reserve.Anyway, good luck man!

If you were to keep the house as a regular (not lease-purchase) rental, you say you'd earn maybe $800/mo in cash flow.

I found an opportunity to purchase a property that would cash flow approximately 100 dollars a month in Texas including property management fees among all other various expenses with a tenant already on a lease.

Hi ST King,The price increases with insurance and taxes has certainly cut back our cash flow on many of our properties, but fortunately rents and rental demand have been pretty strong going into 2024.