In 60 days I will have a good income but I’d rather not lose my car or be without electricity.

I think a guaranteed 7 or 8 % interest rate on a home loan is gonna generate more income than most other less riskier investments.  

Most investors walk a building, identify windows and other benchmarks and rely on these elements in coming to their own conclusion on unit layouts and unit count.

Look into setting an S-corp to potentially reduce self-employment taxes and Section 199A qualified business income deduction

I have saved enough for a down payment for a house and have a steady income coming in.

By adopting a prudent approach and regularly monitoring market conditions, you can make informed decisions to maximize the long-term income potential of your rental property portfolio.

Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.

The first lends itself to smaller properties and potentially higher turnover, whereas 3 could appeal to a larger group of people that may be there for a longer time period. 2)what’s the typical income of someone that rents in the area?

These include reporting rental income, allocating expenses between personal and rental use, and navigating new limits on mortgage interest and property tax deductions under the Tax Cuts and Jobs Act of 2017.In places like Hawaii, STRs are subject to additional taxes, emphasizing the importance of understanding the local tax landscape.

Guys I read a couple great posts here about HELOC for self employed businesses were there are many write offs to show an income on a tax return.