Or rolling that profit into another property(s) to obtain more rental properties to increase monthly 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.

If I had given them a loan with payments, it affects the debt to income ratio.

The rentals are a nice way to acquire passive income but I want to turn real estate investing into my full time job.I have been looking into a bunch of areas such as Flips, Wholesaling, Pre-foreclosures etc. 

My goal is to generate income since I am closing my business which is my 9-5.

Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company.

For example, states like Texas have no income tax but higher property taxes, which can impact your strategy.

This person probably sites on the internet and thinks they know what they are talking about but again 100% clueless.Rental Pricing Regulations 99% of the time HUD pays MORE than cash.in OH anyway.Risk of Renting in Lower Income Areas SEC 8 prop can be anywhere, NOT just low income, I have props in the best areas in Cleveland.

Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.

On the equity side by increasing net income and or decreasing risk, on the debt side by “working” the note.