I do plan to continue being a W-2.

What i came up with to create some separation was -- if its a roomie issue, text me, talk to me, personal relationship.

In hindsight, not continuing to purchase turned out to be very narrow minded.This year, after listening to some podcast episodes, and a presentation at a real estate meet up, I decided I had to reengage, and eventually pulled the trigger on the following deal.Property Details:Location: 13537 Cedar Rd., University Heights, Ohio (Cleveland Metro)Neighborhood Rating: A-Purchase Price: $153KRepairs: $65K (completion expected by May 1)Expected Total Investment: Approx. $225KProperty Features:First floor: 2 bed/1 bath, potential rent $1,200Second & third floor: 4 bed/2 bath, potential rent $1,500Separate utilities and heating/central AC systemsInitially, I projected over an 8% cash-on-cash return.

It's awesome to hear about your property investment journey Best of luck with your search for skilled workers and continued success in your real estate ventures!

Btw-We're talking about commercial properties here- no MLS.

To be considered a trade or business for the qualified business income deduction, all of these must be true:Your participation in the rental activity must be regular, continuous, and substantial.You conduct the rental activity with the expectation that you'll make a profit.The rental activity is conducted in the United States or Puerto Rico.Rental activities that are considered trades or businesses include:A real estate professional who materially participates in the activityA rental to a commonly owned trade or businessRental activities that aren't considered trades or businesses include:Rentals for less than fair market value (FMV)A lease agreement in which the tenant pays for real estate taxes, insurance, and maintenanceA vacation home that's rented out and also used as a personal home

If you have no idea what I'm talking about, what is a good book?

Best answer is to create your own comp if you build the same place over and over and to continue to set once a year or so if you can in my opinion.

What you're talking about is pre-leasing which I generally don't see property managers do because it's 1) a nuisance for the current tenant, 2) can be difficult to schedule and 3) it's tough to know exactly when the unit will be ready and most people want to move in in about 2 weeks or less.

Having "squatter rights" for NY residences is like having "shoplifter rights" in our stores.In the article you referenced, they talk about the squatter showing up to court representing himself.