It's likely they aren't including all expenses including property management, taxes, insurance, mortgage payment, and capex/vacancy/repairs holdback. 

If you decide not to utilize a 1031 and pay 30% taxes each time, after 10 transactions you’ll be left with a little bit over $2,000,000.

Feel free to drop me a message, always happy to make connections and learn from others. 

Hi, yes great choice Ohio is a great place to invest in if you have any questions feel free to reach out!

The best for Househacking is where real estate is expensive with lot of high job growth so you live in high growth mode for free. 

A tenant who pays late every month eventually doesn't pay then lives in your rental for a few months free.

There is a tax benefit and you can welcome him to pay you back but not have an expectation.

Can these be tax write offs (home office, phone, car expenses, etc) even though I won't technically be making money for some time until everything is completely built and leased?

We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

Extremely high taxes and maintenance costs plagued by huge inventory sitting in the market.