Lease dates, income, expenses? 

If you want to think really big, go commercial multifamily, double the net operating income and the property value along with it. 

*IF* you can claim RE professional status - and this is where doing your own management comes in, if one of you doesn't have a regular W2 job - you can realize some major tax savings, especially because you can deduct any losses from the RE side from your W2 income.

My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the overall net income it is quite difficult to come to a net positive cashflow (taking into account Mortgage payment, HOA, property taxes, insurance, rental taxes). 

I have invested with Ashcroft and CRE Income but too soon to tell.

I find this corporate rental flip strategy rewarding, leveraging rental income for substantial returns.

The one I posted makes 50-60k income and the house was 150k plus 40k rehab.

And at the end of the day, you're buying a piece of land in NYC - unmatched dream.Regarding FHA, it can be a smart move if you find a property in lower price range and if the property can provide extra income from rented garage spaces etc.

It provides automated income & expense tracking via connected bank & credit card accounts, in addition to some basic property management functions.

Remember, income is one of the three approaches to appraise a property.I have filed many property tax complaints for clients and for my own properties and prevailed in most of them.