The suburbs will be higher taxes but generally better schools and higher income tenants.

Are you able to take advantage of the ADU as an expense against other income (W2 other gains) where you could get back most of it? 

If you are selling your business, what are you two doing for income now (goes toward financing ability)? 

Typical rates are 8-12% of income either monthly or yearly depending on manager.

Until then, Id really like to set up some passive income in the city based upon buying and holding units for rent. 

Typically, your stabilized operating expense ratio (Total Operating Expenses / Effective Gross Income) should be between 35% and 50%.

The number of properties needed to generate $15k in net profit each month can vary greatly depending on several factors:Purchase price and down payment: More expensive homes require higher initial investment, but may also generate higher rental income.

@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

My goal for this year is to get as much "priceless" information from this platform, concerning all things investing, and later use it and PRO to start and maintain passive income from real estate investing. 

Development: Fayetteville Officials are seeking nearly $30 million dollars from HUD to reconstruct low-income housing on Murchison Road and Elliott Circle.