Second Set Clear Goals Are you looking for long-term wealth accumulation, steady income, or both?

Beware they tend to give BPO's which are closer to ARV's vs As-is values (as do majority of sellers) so don't leave much room for profit after taking into account holding costs, legal, taxes, etc.  

I am looking to add passive income while still working my current job until it makes sense to do real estate investing full time. 

Your accountant may have some recommndations. 

Currently leased to Section 8 tenants, it generates a steady monthly gross income of $1,645.

You can also go to Airdna, and I think it’ll let you put in the number of bedrooms so you can get an estimate on what your gross income would be for a property of that size. 

You have to weigh the cost of a non-renew against the potential income you could make. 

My job is to make repairs and get the place lease optioned so it is producing income to cover the interest payments I need to make to the lender.

I decided that I want to house hack, to add some additional income.

My wife is also a high income earner--she works in the hospitality and wine space.