The free rent many low-income tenants got during COVID has only made their attitudes worse:(One thing to discuss with your PMC, how good are the contractors they are sending to work on your Class C and D properties?

Even though it may seem far from your current location, the potential for rental income and long-term appreciation can make it a worthwhile investment.In your case, if you are concerned about managing the property from a distance, consider building a network of reliable professionals in the Corpus Christi area who can assist with property management tasks, such as property maintenance, tenant screening, rent collection, and property inspections.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

I would probably start with a 4 unit property using a DSCR loan, which will still be based on the property rents and not your personal income. 

I have a portfolio of under 10 properties.In their services performed, my CPA wrote: "Preparation of 2016 federal and state individual income tax returns, including organization and analysis of transactions.  

Yes i am a Christian just so you know.Well my goal in real estate us to supplement my retirement income by doing AIRBNBs.

For this I will also receive 10% of future rental income for both properties, WHICH would be a 11% annual ROl for me.

Which they don’t clean so it’s additional income haha.

Maybe because at the end of the year based on your earned income you can right off depreciation and other tax benefits that saves you $25K?

Our monthly surplus income, after accounting for all expenses, amounts to $3,800, providing a solid foundation for potential mortgage payments or land-related expenses.While I am confident in the value of the land to my operations and its long-term potential, I recognize the importance of careful financial planning and strategic decision-making.