However, the best way to get market rents is to call local competitors of multifamily buildings and "secret shop" them as if you were a renter.

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.

Cash flow for sure, but we have to stop making OOS investing sound so easy. 

So you have a roof leak, the underlayment is rotted, they say they won't pay for it.

Brie, ill call you back in a bit.

So 100k cc debt total mostly to cover expenses while out of work one-time.  

The payment difference at the lower rate is $49 so it would take you 3.9 years before you see a breakeven point.

So a 1033 involuntary conversion has favorable terms, but the key word there is involuntary.

I'll shoot you a PM too, would love to jump on a quick intro call and connect!

For instance the mortgage broker has their license but isn’t active in buying/selling real estate so gives it to you as a referral.