Hello @Bethany S Labrinos congrats on getting started on your real estate journey. 

I am on Zillow looking at properties almost every day. 

People want to be on the water not near it.

The 10-year treasury is currently sitting at 4.62% as of 1/24/2025 up from 3.73% on 9/13/2024, reflecting a 23.8% increase over the last 4 months (Source).

You start with a base line and introduce variables to determine their effect.You can see what trends have happened if you choose to, that may be of interest to you, but that isn't what currently interests me.

It sounds like you could have a promising deal, so lean on your experienced agent for guidance and go take action!

Are there any caps on pass-through expenses?

would love to connect. best of luck on your journey

All that means is you've got bring your best to all aspects of the property and the listing itself -- location, furnishings, photography, heck, even the listing headline all matter a lot.At the risk of pitching here, my wife's YouTube is filled with a ton of great MTR content on setting up a listing.

If we are losing money every year, but do plan on holding on to it long term, with our goal being appreciation of the market and someone else paying a good chunk of our mortgage, is this worth doing on any level?