@Sandy Keller many states require a lease to state the owner of the rental property and any property manager/agent for the owner.Check your state laws!

In New York, depending on the deal of course, many properties require 25+% down payments in order to cashflow.

The down payment plus closing costs, expenses to make the property rent ready, travel back and forth (do not purchase a property in a market that you have not visited and/or do not plan to visit pre and post purchase), and the required cash reserves puts your realistic purchase price around $150k. 

This would require incredibly expensive work as we would have to cut through a public street.

We require strong LL referrals and state this requires more than paying your rent on time.  

"Short term" is higher maintenance, of course, and requires "boots on the ground" on a routine basis.

What are the requirements?

Taxes, water/sewer, insurance, maintenance – it all adds up.It's heartbreaking that Worcester is becoming too pricey for its own residents.

I'm curious about your thoughts on using AI to fully automate maintenance requests, including renter requests, troubleshooting, and appointment scheduling, while providing personalized communication to residents.Would you consider trying such a solution?

Therefore if the required hours are put in, then you may be able to use the losses to offset your non passive income such as W-2 wages.