So my activities clearly generate passive income, but at the same time my activities qualify me as conducting a 162  trade or business so I can claim 199A benefits (all my properties generate positive taxable income).I don't issue 1099s to my PMs as they are corporations, and it's my understanding 1099 reporting is not required in that case.

@Steven ZaiYou will have to file an Ohio nonresident return for any income the rentals generated as that is sourced to Ohio.

I have emailed the PDF’s that Tellus generates to myself in the past.

You will be hard pressed to generate rents of $1500 in South Atlanta at a purchase price under $150k, so something is definitely off.

Hello Jillian,Thanks for posting in the forums.However, we do not allow self-promotion, and posts looking for real estate agents tend to generate a lot of self-promotion from the agents on the site.We've locked this thread so it doesn't get filled with these posts, but we're not going to leave you high and dry!

I am definitely looking to buy and hold as my plan is to generate passive income long-term where I can quit my current job.

I feel this will be a safe choice because the first one will be generating about 1200/m and facing any vacancies or unexpected incidents that could be very helpful.

In addition, I recently looked at building where 2 of 3 units are generating more income than long term rentals...consistently for multiple years.Would love to hear feedback from those who are current hosts and those who are thinking of have thought about it in the past. - What am I missing?

That small of a property won't generate enough fees.

That being said, we are in great financial standing with steady W-2 income and multiple investment properties that generate great cash flow for US.