You'll need to determine the monthly cash flow you aim to achieve from rental properties, along with your desired timeline for getting started and the initial investment you're comfortable making.While flipping properties can yield quick returns, it's worth noting that the current market conditions may pose challenges in this area.

But I also provide full management for a couple of others for 10-20% depending on minimum length of stay (since 30+ day stays require much less work for guest changeovers). 

“If an individual is part of a high-deductible health care plan, making a contribution into their health savings account would also reduce taxable income.”Donation to a Qualified Charitable OrganizationCharitably inclined individuals might consider donating cash or appreciated property to a qualified charitable organization, potentially providing a tax deduction to help offset that tax year’s taxable income.

To provide a bit more context:- the first floor is a parking garage with concrete block walls and stucco siding- the second floor - the first habitable floor) is having significant water seep into the back wall (stick framing, stucco siding).

Being a local company, providing quality housing and great service is very important to us. 

Marketing, overhead, operations, what have you, this could be baked into your rate, furthermore, your lender is most likely not even providing the capital to fund the loan nor will they service it unless they are a credit union or the type of lender that does service it.

However, it does not include interest from an investment if it provides nontaxable income.

I would suggest following up with the PM and ask if they have proactively provided change of management details (essentially, letting the tenants know that new owner effective 03/29/2024 and were rents should be sent).

Any feedback would be great:Purchase Price: $219,000, 90 days on the marketSurface area: 1900 sq ft1 unit renovated in the past year which includes new flooring: $800, other 2 units: $690 eachEach unit pays water/sewage, $50 internet feeCondition: roof is ~15 years old, will need replacedI was provided with an expense report for the 3rd quarter of 2023.

They should be able to offer this service for free to their hosts and provide a value add for their fees.