Hope this helps to understand how a lender looks at a rental property's income to be a self sufficient asset.

You can do a 1031 exchange if the property has corporate ownership and the corporation has filed or will file a US Income Tax return.

I made money via appreciation (and ultimately did well), but the rental income was, at best, treading water.If you’re up for the management challenge, buy right, and have a longer term horizon, I think you can do OK but it may be worthwhile to wait for the market to cool down a bit.

I just reduced the rent. 

If a prospective tenant attended a showing and told you they won't need the stove and would like to pay $50/mo. less - would you entertain reducing your rent?

This could temporarily reduce or pause your mortgage payments, providing significant relief.

-I should add that his military BAH would cover the cost of whatever we rent at our next location and I can cover our current mortgage with my monthly income. 

My question is, is it hard to get started and make good income as a real estate agent?

Serious buyers, but need guidance on neighborhoods to avoid, what may be for sale now that is already income producing, areas to consider, etc.Thanks!

The evolving landscape of work culture, with a marked shift towards remote and hybrid models, has drastically reduced the demand for traditional office spaces.