One element you must incorporate into your search is income predictability. 

Hi Kostyas, I am in a similar situation as you but have avoided the substantial presence test so far.May I ask how your foreign income is treated in the US?

So far she's great, getting a new job, very on point with the communication and she also has government support that guarantees to pay her rent for 6 months, the payment is well enough to cover her rent.  

I can see that this will do well in similar locations where rents are highest and people are looking for additional income.

All the breaks go to LTR and ACT 60 (Cap gains, interest income).

I also live in Tomball and have a similar need for a CPA with heavy RE / investment income experience.Matthew

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

So basically the application downloads my credit card and rental bank account transactions once a week automatically, then I take 5 minutes to tag each transaction with the matching property and then categorize with the expense/ income type.

@Matt LeberYou're mixing together two completely unrelated taxes: IRS income taxes and local property taxes.

Any tax benefit for havingnegative cash flow i.e let say you have rentals with +ve cash flow that add the total income and for me i already have w2 so that extra +ve cash flow make me pay more to uncle SAM (which i don't mind as such, Uncle SAM can use that to fix the roads i travel) will -ve cash flow properties will negete the +ve cash flow with a long term goal that at some point the -ve cash flow will become +ve and i pay uncle SAM more to fix the road due to rain. is that your thinking too :)