Scenario #2 - FSBO is a Real Estate Broker vets BuyersI happen to hold a Real Estate Broker's License that I use primarily for my own Rental Property Portfolio.

Rental rates typically do rise YOY, but if you are using future rent projections it is a good idea to get a historical data of rent growth in the area you are investing in. 

Each State is different.Some states require you to track the passive losses at the state level.There may be a state equivalent of the form 8582 or there may be a completely different state form.Also be mindful that some states do not recognize bonus depreciation so there may be some federal / state differences for rental income.

I live in South Carolina, and I have a rental property in Texas.

I was curious as to what everyone uses for flooring in their rental properties?

I don’t expect the increase to jump like pandemic times but I’m looking for solid rentals .

I just got my first short term rental.

I do have a rental but my probable foundation issue(s) are with my primary residence, which I had considered house hacking.

This has been my first year having a rental and I have been managing it from another state since I moved back to Oregon, which has been difficult and a bit more costly since I am not local.

Would the rental income from the additional unit justify the $450K investment?