I keep it low maintenance and she keeps me in her loop of interested investors.She sends me renters that are new to the area and often new local government employees.

This does not include any other employees.

@Dave Foster The government is definitely not in the business of simplifying things!

If you honestly believe that I keep inflated prices and am not "competitive" because I somehow want to keep that rate vs dropping and getting more business than I can handle (and pay for some overseas call center or part time minimum wage employees to deal with all the calls) I will say you are mistaken.  

@Kyle Has@Dave Foster got it right, which is his habit. :)Depreciation recapture is at 25% or less.

Obviously this varies but as a full time employee I am having difficulty getting myself starting in fear of totally overwhelming myself.

@Roberto Moita - I'll second @Dave Foster and @Matthew Irish-Jones - 1031 or Opportunity Zones are the way to go for that type of gain.

But if you are an employee of said company you can pay yourself whatever you want.

https://www.foxnews.com/us/police-several-bodies-f...Family owned property managment business with 22 employees.

You’ll have double income: from your business – active income, and from your portfolio – passive income, etc.Cons: Your own business is much more risky than just working as an employee.