Say you start a STR and use the loophole to write off 100k from W2 salary. 2 yrs later the rental goes underwater and you have to give it up at huge loss.  

HelloI am looking to purchase another rental property up North in CT.

Do you own any other rentals? 

Are you leaning towards rentals or rehabs? 

You just have to make sure once you vacate your primary and converting into a rental, how would your DTI (debt to income ratio) be effected.

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker who's on their second house hack.

Hello all,I understand that opinions may vary and depend on goals and circumstances but I just wanted to hear some experienced local investors weigh in on a first rental property investment in Florence vs Beaufort SC?

The Book on Managing Rental Properties | Book for Landlords – BiggerPockets Bookstoreand then consider your options.

I don't have much experience with anything outside of rental properties but i am very willing and open to go into a whole new direction.What I own so far:One Multi Family Building (4 Units)Six Single Family HomesThe Multi Family Building and one of the SFR are owned free and clear (Estimated value of $2.3 Million combined).

I bought this property in college, renovated it while renting out the spare rooms and no use the property as a long term rental.