@Jason O.I've rented to over 700 students (under and grad) and I understand the market well.To do it successfully: time it with the academic calendarSept to May: flat price including utilities and furniture for max revenue, can include a cleaning service to keep an eye on the rental.May to Aug: depends on your city density and the amount of summer classes, increase the price to accommodate the demand or decrease it accordingly.

When we bought the property the title company did not include both parcels in the sale. 

If you have losses that high then it is worth your money to hire a CPA to prepare your tax return.They are paper losses not actual losses in the bank.What will be an example of passive income that is not real estate rentals.I'm assuming that capital gain from stocks is not included and can't be used to offset real estate losses even though they are passive income?

I spend MAYBE 2 hours a month including 1 hour on bookkeeping.

The attorney who reviewed my contract was also able to confirm the typical lease rates.Oh, one thing I forgot to mention is be sure to include how and when the lease rates will increase.

Some of the people you want to talk to include mobile home park managers, owners and mobile home dealerships in the area.

I am a complete novice at the entire Real Estate game. 

The business is about leveraging so I recommend With a $100K in cash and $100K Heloc get approved for a loan that includes renovation $. 

Also, you will want to make sure that the telephone conversation you recorded is within a state that allows for one-party consent (meaning you) as that is not the case in all states including mine.  

The property, sold by a joint venture between JBG SMITH and PGIM for $325 million, or $588/SF, was approximately 26% below its 2019 valuation.Other examples include Lennar's acquisition of its Miami, Florida headquarters for $68 million, or $319/SF, and First Energy's purchase of its Akron, Ohio headquarters for $49 million, or $136/SF, both at substantial discounts to replacement cost.Investors pricing deals at discounts to existing debt is a parallel trend.