Boosting monthly income and providing an important service.

If you get caught up in a moral stand every time someone tries to screw you, you'll never have any time to make real money.

That is the ONLY reason it can boost returns.  

If you need something big in the next few years you'll have to boost that one. 

Taking that to another bank could be a good way to boost a new relationship as well, though I know the pain of moving business checking accounts.

This tax boost is only one-time, and it somewhat increases your taxes in subsequent years, and it is reversed if you sell the property.

Moral of the story, don't buy D grade junkers.Cleveland's got many great neighborhoods to buy in, great returns, 15% return in a solid C market is do-able with some elbow grease, but don't expect 15% returns turnkey or tenant ready on the MLS in today's.

@Mario Morales payment made toward principal pay down doesn't count as an expense.

House hacking has become a buzzword in real estate circles, presenting a unique opportunity for landlords to optimize their properties and boost returns.

I’m gonna slightly sidestep your question here and just say one thing that I’ve been spending a lot of time thinking about over the last few months is how the influx of a ton of dumb money with very little regulation’s crossed with a market that has gone one direction for 15 years and the internet, has really created a ton of moral hazard, before 2012 I believe if you wanted to invest in real estate you could to simplify  Buy it yourself or with a partner, or buy reit’s which were very regulated (I’m sure syndications existed before that but were much less than today.)