Now that you own THAT building, at THAT location, it might be time to do the "networking fluff" associated with being a "pillar of the local community." 

That's where a majority of the traveling professionals go to look.

If you are making more than $150,000, your rental loss, if considered passive, will be suspended and carried forward unless you can claim real estate professional status.

In my network, capital partners are offering $500k match for match. 

- Networking Opportunities: Any upcoming virtual events focused on these areas that I could attend to connect with like-minded individuals as well as agents and property management companies?

If so make sure they get it professionally installed.

Explore more programs and property types and since you know about ADU's look for homes with bigger lots for that specific potential.Feel free to reach out and Network always happy to help and talk REI!

I have the entire network and work experience in place. 

Inspect your property regularly, or have it inspected professionally, and document these with checklists and signature stamps.2.

When you begin reporting rental income on your tax return, you can consult with a tax professional or use tax preparation software to ensure you're correctly claiming all eligible deductions and depreciating the expenses appropriately.