In fact, he carried it a couple of steps farther.  

I also have earned income as well.  

:We have some who claim certain people can't get ahead because of racism, sexism, or whatever "ism" you want to name.

A PML in markets like Phoenix probably didn't have a great time getting short-sold in the great recession. 

I would suggest going through the steps to make the unit a conforming unit.

Currently, I have one unit rented for $2,800 and another for $2,200. 

In the case of housing: we have ample demand (and more on the sidelines waiting to jump in once rates tick down) and not enough supply.

there are costs at every step - costs to buy, costs to hold and costs to sell. 

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Personal Experience: Have you invested in Nashville before, and if so, what worked (or didn’t work) for you?