You can research the occupancy rates, rental rates, and average length of stay for properties near hospitals.

Perhaps your kids could help you with video editing, marketing, and other things.While you are getting active income, you could potentially look at wholesaling or fix and flip.When you wholesale, you don't need a license and you don't need money.

I have a W2 job in a high tax bracket, but we are planning on owning Airbnb’s that my wife actively manages along with her working as a real estate agent...Our goal was to have her materially involved so that we could write off potential losses against my W2 income.

That will give them instant cashflow to prepare for potential vacancy and the downtime that it may take to turn the unit.

@Dean ValadezBased on your initial statement, you bought this property with value add potential.

What I can say is, as long as we do our research, and make sure the property works for our needs, in the long term you will make money.

Hello,I’ve been researching the Wiregrass region in Alabama (Enterprise, Ozark & Daleville area) with Fort Rucker (Novosel) being so close and curious if anyone has any good experiences with SFH?  

So out of state investors: what other data points/research do you use to determine where to invest? 

@Forrest Brown,  I'm never a fan of telling anyone that writing a check for taxes is the best idea, but it does depend on your goals and your potential tax liability upon sale. 

I’m worried about growth potential.