I currently hold small MF and house hack as well.

Both laws use the same terms, Service Animal, Emotional Support Animal.

Your feedback make sense.1) I am in the North east so buying more doors is an arduous task so I don't plan to be a RE investor with many doors (because I won't have enough money).2) Other reason is that even if I somehow got another rental, chances of making positive cashflow given current prices/interest rates is remote (especially given I am not a seasoned RE investor).3) I don't have an urgent need for money.Given these three points, I don't know what passive profits would I apply my rental loss of $26K against...unless you can think of a way I can use this loss to ease my way into an additional rental.Else, I agree, I can hold onto the rental for as long as I need to and then sell and use the loss then.Thanks for the guidance!

Real estate investment holds great potential for growth and you've found a valuable resource to learn from seasoned professionals.

I plan on keeping this house as a buy and hold as well as buying several more properties in the future. 

Most of these were purchased 15-20 years ago and are long term holds.- I underwrote these projects only using annualized revenue (rent increase with some extra vacancy loss in year 1 x total units x 12 months) / total project cost- For projects I know were successful, I'm seeing a larger increase in NOI than expected so shifting to a yield on cost metric that's market adjusted NOI growth / total project cost.- I'm seeing a lot of volatility on these and can't land on what metric to use.

Once you have them under contract, just post them here under the Classifieds forum.Of course, to do it right you'll need many pics, an outline of any needed repairs, projected ARV with supporting data, etc.

Real Estate, have no obligation whatsoever to provide any evidence to support your opinion.

I live in Roanoke, work in Blacksburg, and invest in Christiansburg.I'm interested in Buy and Hold properties in Blacksburg and Christiansburg.

Investment Info:Mobile home buy & hold investment.