Prior to Corona, San Diego rents were going up faster in 2020 than any recent year and the recent years have been going up at over $100/month annually. 

Do they require annual DSCR tests?

Thanks for the responses everyone, the confusing part to me was if I use the deductions against active income year 1 since STR's are an active business, but then switch to LTR's year 2 which correct me if I'm wrong can't count against active income- if this in some way has a disadvantage with recapture, etc. since the STR business would no longer exist

In order to start making passive income, I would need to put in about 60k to fix the basement.

My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily properties as a form of (semi) passive income.

Hi,I want to get started with real estate investing, specially interested in setting up passive income through rental yield.

Could you sell it and put the money towards a better income producing asset? 

Thus, PRO "Monthly" and "Annual" payment links do not link to the payment portal.

Interested in generating significant  passive income.

Recommendations can be short-term uses to bring in revenue while considering long-term plans.The land costs almost nothing to own, so selling is an option but I would much prefer to keep it and generate income from it.