@Yogesh BhadaneScenario 1, you are factoring in Depreciation and PITI.Principal is not deductible for tax purposes.Furthermore, you may be forgetting other expenses such as travel, utilities, etc.I am still confused how after depreciation and PITI, the number is positive $10,000 but net profits becomes -$100.how is a number higher when factoring in depreciation?

Aaron, I have two beach houses - one 2nd row in NC and one ocean front in SC that I own with my sister.   

I also want to be able to travel a little more, financial security, help others, and do other items on my bucket list. 

Too many of our brothers and sisters use their VA benefit to maximize that loan amount, end up underwater, and cannot afford to sell a property that they can't afford to own. 

Apparently Asian folks want a passport to travel the EU without visas.

I do travel back home often so I am checking on the work.

The best part is we traveled to the property 1 month after closing and there are 14 renovated units all under budget, with rents averaging $25 more than we projected.

It is the guys sister.

Have you considered the travel nurse option?

So my sister and I inherited a property from our mom 2 years ago.