Planning, such as selling in a year with lower overall income or using a 1031 exchange, can help minimize this tax.

@Rickey Walker, due to market conditions, interest rates, and scarce inventory, sourcing and acquiring long-term cash flow rentals is difficult, to say the least, unless you put down 35%-40%.As I inform most folks, you'll need to implement a creative strategy if your investment criteria predominantly focus on achieving cash flow.

We did not need help in deciding what our investment niche would be; we needed help in creating and implementing a tax strategy plan for a married couple composed of a high-income earner and a real estate agent and business owner.

check with your insurance agent if your insurance covers rental income during repairs.

This could help generate additional income and attract a broader range of tenants.3.Partner with a nonprofit organization: Some nonprofit organizations specialize in affordable housing development and may be interested in partnering with you on this project.

Well, just the potential appreciation that could be seen with the 20,000 new jobs Intel is predicted to bring in with an average salary of $135,000 a year (currently over 2x the median house hold income in Licking County) - https://www.axios.com/local/columbus/2022/01/24/mega-intel-c... 

After that, my goal would be a steady stream of income while I take a few months to re-assess and figure out the next step in my career. 

Leave your W2 or just get some side income/diversify your investing portfolio?

Dealing with unreliable collaborators can be expensive. Faulty referrals lead to problems that novices like me always try to avoid.

What kind of rental income can you expect over the course of the year?