You can earn several hundred dollars per door, with multiple doors per property. 

.- I was also asked to sign a release of funds from the earnings for payment of July 2017 Mortgage.

I know, it sucks not being able to live in something you worked so hard to earn.

Hi all,If you have all these ingredients:-Excellent Credit-Solid/Stable income-Cash for investing-3-yrs exp.

I hunted around, and I don't believe there is (I believe this is separate from the 150K AGI limitation on taking passive losses against wage earning income).  

This puts things into perspective, although investing the $232,000 & earning 5% would likely involve more risk (i.e., investing in the stock market).  

IRR discounts your future earnings to the present using your personal cost of capital.

I'm pretty sure I wont be able to recoup the full rent amount I'm earning on the separate garage 1 bedroom apt but it may be enough to justify legalizing the property.I am strongly considering converting a unit at another property into a air bnb short term rental this Spring.

We're looking for a rental and the money is earning a whopping 1 percent in an Ally savings account.

Also, it's deemed to be earned income instead of a passive investment so you'll also be subject to ~15% self employment tax in addition to the income tax.