But it will change our approach with investing in real estate.Interestingly, the tax bill rewards you if you are a passive owner of an entity.

You are already in pain; get a reward from it!”

@Clayton CoombsTaxes are a privilege of those who work for a living—-welfare and food stamps is a reward for those who don’t work. 

That's the risk/reward part of this.So for many on Bp who are ascending in their land lording careers debt is mandatory cant do it without .. for those that might live in a fly over state were they area or can buy nice little rentals for 10 to 20k a door.. no problem just paying cash for them and let them stack up.. values never go anywhere and no reason to have debt on them..

High risk, high reward.

I am sure it is a balance between risk and reward.

Too much tail risk in **** neighborhoods to play in, and not enough reward at the end of it to really roll the dice on in my opinion.

Out of the 3 properties you own which would you say has been your most rewarding between NY, FL, and TX? 

@Ayyub Omer: investing is always about the relationship between risk & reward.Market efficiencies eventually bring risk & reward into alignment, where higher risks require higher potential rewards.Instead of debating about whether you should by turnkey or take the other advice offered here and buy and fix yourself, figure out the level of risk you are willing to take on.

@Monica Lauzun Congratulations, and what an amazing reward for all the hard work!