For the question you actually asked -  Use AirDNA to find the top grossing properties in the market, see who is managing them and call those PM. 

What would you suggest so I can create income and perhaps make a better financial decision for myself.

Hey @Julia France, You maybe do NOT want to use bonus depreciation if the losses created are excessive passive losses and you don't have a lot of passive income.

He obviously had no idea, so he made up a number that was actually about 50% greater than what the ENTIRE real estate guru industry grosses annually.

Analyze properties based on rental income and expenses.

Even in an area like Lynn (North Shore) the margin between gross monthly income and all expenses based on an $800k property would net us approx $-2500/mo.

Hey Chris, house hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.

You can consider buying rental properties for steady income and potential appreciation, do house flipping for quick profits or explore REITs for a more hands-off approach.

Incomes are not keeping up with the cost of housing.

My main source of income is a full time W-2 job with a custom home building company (S-Corp).