At the end of the year I profited X from property 1 and lost Y on property 2, it's a net wash/zero sum game.  

The city is still figuring the ADU game out down here but many people are building them and those I have spoken with are saying $25K in fees for a 1200 sf build!!

Although realistically these days you should probably pay off your primary as if you play the tax game correctly you probably won’t have enough personal deductions to exceed the standard deduction making your home mortgage interest non-deductible.

I'm playing the long game with my rentals so I'm not selling or do I plan to refi pulling money out.

I'm fairly new to the Landlord game.

I live in delta and montrose delta and grand junction seem to have less players in the game.

Right now people are soaking up the sun at Cactus League Spring Training games around the Metro Phoenix area.I arbitrage an Airbnb in Scottsdale (85250) in a neighborhood with no HOA, which is one the best options since many condos in Scottsdale impose at least a 30-day minimum rental.

They wanted us to have some "skin in the game" so we had to put $55,000 down that we payed with our HELOC but when we refi we will get that money back.How did you add value to the deal?

I can certainly put some skin in the game or just purchase one outright if needed.

If I could clear closer to 300k, it could be game on.