“Income producing” means exactly that.

Such draconian changes to the attractiveness of owning investment property would reduce the availability and increase the prices of rentals without generating significant tax revenue.

It's market dependent, and it also depends on the type of guest your property will attract. 

It's not a coincidence that real Estate has produced more millionaires than any other field out there.

It cash flows positively.Operationally, What makes it most attractive is that because it’s a condo building- the building has their own management and maintenance staff and association rules.

When we move into our next home, this will produce some nice mailbox money even after paying for a property manager.

I had the seller sign and produce the death certificate.

It's not worth the small amount of income it produces.

It is math that a market with higher rate of rent increases will arrays eventually produce the higher cash flow (as long as expenses going up slower than rent and no equity extracted).  

It will likely take a couple of years before they pay for themselves and produce a profit and that assumes low maintenance costs.