., or if they move out you have to offer it back to them at the same rent rate as before. 

Both avenues offer unique opportunities and challenges, so choosing the right path depends on various factors that are specific to your financial goals and risk tolerance.Investing in Residential Real Estate:Residential real estate is typically the more familiar option for many investors.

but, higher interest rates have made that much tougher. 

The amount is based on the assessed value of the property and the local tax rate.2.

Depends on if you've bought a house that makes an appropriate rental.

If you were to up your buying box from $60k to $100k you will received much better options and rates, also much better properties and areas.

This only applies to the investment portion of the property.Holding period: The length of time you've owned the property affects whether gains are taxed as short-term (ordinary income rates) or long-term capital gains (generally lower rates).

The rate in my area for typical repairs is around $150/hr.  

Wish you had a dependable family member or Realtor that knows someone. 

- Lower rates.