With over 20 years of investing experience in the area, I've seen firsthand how Tampa's strong job market, affordable housing, high rental demand, and consistent property appreciation make it an excellent choice.

We really like his current house as a rental property.

Bought the house with built in equity.

Does the house have a garage? 

Mike -Forming an LLC is a good legal best practice to house a RE rental and would be a Schedule E transaction for you.

I'm just over the hill in Reno, NV and have successfully house hacked twice.

(assessed value of the house, or price listed on the ad) x the tax rate of that state! 

You get accused of taking advantage of an elderly person not only will you not get the house you’ll be in jail instead. 

House was renovated, with tenant with at least a 2 year lease, management team handles any issues, monthly rent and reports on time each month. 

Fair housing laws require that certain forms of income MUST BE considered.