My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the overall net income it is quite difficult to come to a net positive cashflow (taking into account Mortgage payment, HOA, property taxes, insurance, rental taxes). 

I am looking at tax liens and am hoping to Connect with experts as well as starters to learn and gain some wisdom.please be my guide within the community.

On Airbnb you click different dates and you will see how high the occupancy is, how much the total gross amount is, minus management, minus tax, utilities and airbnb fees and you will see if the amount netting is about what you expect. 

Biggest thing to know about investing in Texas real estate is property taxes will severely impact monthly cashflow, but long term appreciation has been fantastic here, historically.  

NJ is expensive, especially the taxes. 

Taxes and insurance matter as well, but at least based on the rents, it sounds like a good deal.

Also realize that the amount you finance vs. cash you end up paying taxes on that amount.

The best thing about Stessa is that you can create a tax reporting package at the end of the year to send to your accountant without having to dig through receipts.

So if you made 10k then $5k of it would get taxed. 

What I learned long ago is that real estate investments can offer the following: positive cash flow, appreciation, and tax benefits.