Will the profit be counted as self- employment income or long-term investment income?

Hi Jay, here's a heatmap for Seattle that looks at every neighborhood and ranks it from A to D using around 30 data points, like Median income, population growth, employment stats, appreciation etc.

If you have multiple properties, QuickBooks Online is great to connect bank feeds and track expenses.

The amount of people relying on RAFT for first, last and security is extremely common in lower income areas since they are typically living paycheck to paycheck and it is hard to come up with deposit to move into a new place.

The number of doors or the income to eventually create time freedom?

That really brings your net income in the deal down.

HI Erias,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Utilizing my online MLS portal, I negotiated a purchase agreement for the property in its current as-is condition, ensuring no disruptions for the current tenants.

How much do you understand about how all the online systems come up with their estimates?

Even if I bought 10 more Indy properties all my net rental income won't add up to my W2 income (after taxes).