A great resource to check out is The Frugalwoods—they share practical strategies for cutting food expenses without sacrificing quality.

After removing the expenses involved with turnovers, she is getting back a 1/4 of what she lost in that cancellation. 

This has made financing more expensive for buyers, but it has also led to less competition in the market, creating opportunities for those who are financially prepared.One of the biggest factors to watch in 2025 is new housing supply.

Depending on how big your portfolio is it might be more or less expensive for you.

Being able to use real estate to offset taxable income requires some sort of participation on his end.If he wants you to be the boots on the ground, it will likely be hard for him to reduce his taxable income.

But, unless narrowly targeted, prohibitively expensive.

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

Where are you with the city required Certificate of Compliance process?

Your market is expensive, I wouldn't look for normal working class people as your target customers.

STRs do not require you to be a REP in order to take losses against ordinary income.