Unless you can cash flow more out of the investment property or your personal budget can support the $500 increase, this strategy will essentially have you in the negative and not even breaking even. 

@Rebecca BuschNot an easy task to find a great real estate centric tax advisor and certainly won't be cheap.Jon Bock, CPA/PFS

I look forward to watching your investment journey and I’m here to chat about strategy whenever you need someone to bounce ideas off of. 

Put out signs and lockboxes for realtors.Cold call for a realtor or investor.Create a handyman or property preservation business.Become a notary, so you can close real estate transactions.Go to work for a courthouse data service, so you're looking at and recording the posted data for them.Work for an apartment complex leasing apartments or doing maintenance.Work for a property manager doing make ready.Do anything and everything in construction.Become a home inspector willing to work weekends.Work as a sales rep or helper for a builder.Probably all these positions could use someone that wants to work nights and weekends.   

Patrick Patel, this strategy is so unethical and it wouldn't surprise me if it were ultimately found to be illegal in some way.

Ideally I am looking for an app that allows the tenant to pay thru direct deposit at no charge and for the payment data to be collected for credit scoring purposes. 

I wanted to reach out to see if anyone had any advice, strategies, etc. on my first-time rental in Michigan.

According to Northern Nevada MLS Data, the median single family home in Northern Nevada went from $510,000 at its peak in 2022 all the way down to $475,000 in 2023 (nearly a 10% drop) So, why didn’t anyone talk about this? 

They value a sounding board on deals, situations, or strategy.  

I also don’t pretend to have a massive strategy yet.