Looks like the market is growing there and has decent rental income.

I mean take two months vacant at 1k each is 2k.. over 300 bucks a year increase will take them 6.5 years just to earn back what they lost.. not to mention the risks of letting homes sit vacant for a few months.. nothing good ever comes from a vacant rental.

All of the quotes are including rental income replacement.

Over the past two years, I've been working two jobs and channeling all my income into my Roth IRA and savings account.

Every day I wake up to look at Google News and there is at least one article about Foreclosure, or Fixed Income Tenant can't stay where they have been from before the Covid or the Widow who has lived in the 2/1 house for 50 years cannot pay the increases in Property Tax, Home Owner's Insurance, Lights, Water and everything else.

(source)It also states this:  The following requirements must be met by taxpayers or RPEs to qualify for this safe harbor:*Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.

At that point, I'd rather just have a pre-built excel sheet I open once a year and type in my years'  expenses and income. 

Not necessarily to replace our income. 

I'm looking to buy a couple income properties in Toledo, Ohio.

Lenders earn no depreciation and actually its worse because the interest you earn is taxed at ordinary income rates.