You may learn the ropes without taking on undue danger by starting small.Make connections with experts, agents, and investors in the area for real estate.

Even though it may seem far from your current location, the potential for rental income and long-term appreciation can make it a worthwhile investment.In your case, if you are concerned about managing the property from a distance, consider building a network of reliable professionals in the Corpus Christi area who can assist with property management tasks, such as property maintenance, tenant screening, rent collection, and property inspections.

@Kathy Kifer can’t you potentially book a 30 day stay during that gap?

I’d like to reach more potential guests and see if I can boost the occupancy.

Not great given the lows we are at already.True, so far 2024 is looking like a potential turnaround year to makeup for the 2022 housing recession, as long as inflation and labor markets act right.

.$3,900 return cost.It likely takes maybe 5 hours to potentially prepare your return and maybe 2-3 hours for someone to review it.This means that you are likely paying close to $500 / hour for return preparation.$6,000 for strategizing supposing you have a monthly 30 minute phone call is $500 an hour.If the cost is $10,000, and your tax rate is 35%, they would have to decrease your taxable income by atleast $30,000 for the cost to justify the cost. 

The Midwest seems to be the theme when it comes to cash flow and I also believe it holds a ton of potential for appreciation if you do it right.I now have 14-doors in Detroit and I stay extremely active in the market outside my own investing.

It costs you vacancy, fresh paint, new flooring, potentially other updates. 

It has a lot of long-term potential.

So, for a $300,000 investment property, you might be looking at potential tax savings ranging from $45,000 to $90,000 in the first year.