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The normal local who do whatever it takes to live here and most that I know do not move frequently once they lock down an affordable LTR with a good landlord (until they hopefully buy their own place) and third type are those who have recently relocated.

We had previously lived in the town of Lafayette, which was 2 hours away from New Orleans but we frequently visited that city.

I have an agent colleague in the Rochester area that deals frequently with investors.

Currently, the property is rented at $2100/month.The house, built in the 1900s, requires significant renovation, and the tenant frequently requests various repairs and maintenance, such as duct cleaning and appliance upgrades.

I had to ask questions to get explanations about frequent repairs.

If you can't manage those issues in a vacuum, you're going to have to press the sell button and therefore lose the scaling process.With how today's movement is going, you can't just copy & paste what people did 2010 till 2022.

Bring something to this deal such as a big screen TV for the living room, or offer to do the daily vacuuming or something you're capable of.

Properties rented for less than 15 days a year enjoy simple tax rules, while those rented more frequently face a complex set of tax obligations.

Their setup does not ideally support frequent transactions in and out of your account, especially if you're looking to employ the infinite banking strategy.