A question that may have been come up many times before but I will ask it anyway, what’s the best strategy to be considered as RE professional for tax purposes while maintaining a full time W2 income.

use capital from banks at 5%.Stage 3) maintain 100+ properties and replace some of the SFR with   multi-unit apartments using all debt.  

Do you charge for monitoring and maintaining vacant units?

I only see opportunity, especially when the house was so well maintained.

I saw this as a positive indicator that the renter is invested in maintaining the condition of the property.How did you find this deal and how did you negotiate it?

I've decided to be more disciplined with the money I make from teaching and believe I can consistently maintain a $300 budget every month just for wholesaling.

We have kicked around the idea of maintaining two properties and become snowbirds but it hardly seems worth the expense of having a home sit empty for 8+ months especially in NY.

It will be less expensive in the long term to fill in compared to the cost of maintaining it.

That extra spread is what allows you to keep scaling as you can use this incremental capital (debt) to acquire more.The difficult part that I see for most investors is balancing this leverageable equity and acquisitions while maintaining or improving the cashflow as you acquire more and more.Sometimes you hit your equity numbers but you went into areas with less and less rent to value ratios so your cashflow is actually incrementally going down.

Usually your premium will be higher to maintain the coverage but it does give you a temporary solution up to 18months if you qualify.