Whatever the case it’s going to be awhile to see how this pans out on the local level.

TrevorVery high level, once everything is netted, only 3k of loss will appear in your tax return.

@Katherine Sommer While I think on the national level (CA, NY, NJ, WA, OR, CT, NoVa) there are going to be some speed bumps in the road kicked off by a few global crises' (Great Britain's fuel shortage, China/Evergrande, inflation, end of forbearance).

Initial funding levels are a back way of putting the down payment required.

Initial funding levels are a back way of putting the down payment required.

The best indicator of a solid market is if inventory levels are symmetrical to price increases.

The reason you've been taught that "debt is bad" is because when things go wrong, the lender has recourse that leaves you in a bad situation.What's considered "good debt" is leverage that's used to amplify your capital to buy bigger deals without adding high levels of risk.

Since you mentioned the floor being level, I don't believe it is.  

I know the book focuses on a higher level but I do wonder why it's so hard to implement things that we learn. 

It would be smarter for me to own rather than rent and get in a multifamily property with the goal offsetting my living expenses and then moving into a higher level of rental property investing.