Now that I have more time on my hands and some additional disposable income, I am looking to jump back into learning about real estate!

I am currently active duty military and looking for investment options for the property to create a passive income and build wealth.

Maintenance does not do pest control. so my house, which is surrounded by ten acres of woodland requires $430 from orkin because they cant be bothered to open a can of raid.  

I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month  2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???

This is a great setup for high income earners who want to invest passively.

The deal involves buying an existing single-family house for $700k that conveys with a vacant lot.

Winter can account for 50-60% of your yearly income sometimes.

Purchase price: $780,000 Cash invested: $300,000 Purchased 6/2020 with 25% vacancy and a gross operating income of $10,800.

There are many ways to avoid taxes, so nobody can give you a complete answer without knowing your entire tax situation.If your only taxable item was selling this condo, you would owe long-term capital gains on the $150,000 plus ordinary income on depreciation recapture.

A lot of the STR management companies have contracts with companies to house their employees when they travel for extended periods of time.