Are you in a higher income tax position?

I own a 2/3 condo in OC that breaks even , and I want to add more properties to my portfolio to create passive income. 

I have a family of five and we are a single-income family.

My goal is to create some passive income so that i can better prepare for the future. 

Even an in-law would allow for some income and flexibility. 

Believed that they are under-valued at the time, considering the location and STR income potential.How did you find this deal and how did you negotiate it?

I definitely learned from some mistakes i made and some bad assumptions with regards to rental income as it can very throughout the year. 

@Cole Simpson the exact same way you screen standard tenants, with the exception being documentation of income as proof of current/future voucher, amount, and for how many bedrooms and tenants.

As my biz associate is able to donate the income he would make to our project.

@Brian Szykowny, Your workload relative to income should decrease along with some other scaling.