However I will say financing 95% at today's high interest rates with 33% of the units not generating income sounds like a tough hurdle to overcome in this market, even if you're pulling in strong W2 income.

. 🌎 For my first property I would like to buy a place for my parents, they are lifelong renters, and on a fixed income.

Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income.

From gross rentals, a license fee (to use a well known brand hotel), and a management fee are deducted before I would receive my net rental income, which would pay for the mortgage, taxes, insurance, and HOA costs. 

I'm really interested in just having properties that break even and grow in value until I retire in 20 years. 

A great cash flow, income producing property.

Through depreciation, other income taxes are offset, through debt paydown and appreciation, he's going to gain $thousands per year in equity.Subjectively, it may appear not to be a deal, but if the buyer understands these factors and wants the property, an entry fee under $10K sounds like a deal. 

I also buy a lot of turnkey deals mainly through Rent To Retirement with Zach Lemaster. 

Is there a way to maximize income beyond your original projections with this idea?

Frankly, I need this house rented as soon as possible and bringing in income.