"Change of accounting method" will NOT be needed.As was mentioned already, before doing it, you need to have an experienced tax accountant figure out if there is any potential benefit for you.

A lot of the figures you see in the forum wouldn't work today because of the high interest rates and, when they'd still do, it'd be manly in markets where the potential capital appreciation countries.I invest in Europe but in short-term rentals.

We have negotiated off platform (be careful you can lose your account potentially if caught). 

Hi All,First Time investor.Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

I initially thought I’d be ok with having a duplex that’s older and a bit run down in order to purchase at lower prices, but after my first tour of a property like this, I had second thoughts and established I should be more open to newer/more expensive (and safer) properties as I’d potentially be living without my partner.

It's great that you're looking to diversify your investments and potentially venture into real estate.

It's safe to assume that some portion of the potential tenant pool may object to living next to an electrical substation.  

This provides the potential opportunity to achieve strong returns while keeping rents somewhat affordable. 

Being an MLO could potentially open doors through creative financing for you. 

Ohio has potential for that price range.