Quote from @Olga Daisel: @Randall AlanI agree with Randall on getting more details, $7K gross a unit btw is a great gross income.

I know that the tenant currently makes $33,144 gross a year which would be $2,762 a month.

I am an also an agent that niches specifically to STR investment properties, so happy to offer detailed insight.I love investing in short term rentals here - I have one that does over $85k gross a year, one that does over $75k gross a year.

Income for 2024 is 66k gross as i believe the owner didnt put effort to gather high ratings or make it perform.I was hoping to write off the negative cash flow against my w2 income.

It’s on track to do over 45k gross as a STR with current bookings, but may end up closer to 55k as I get mostly last minute bookings (a lot from contractors needing a big enough space to house their crews).

some people have no mortgages and gross a ton of rent. 

I believe (on average) they gross a little less than BR but typically purchase prices are also a little lower. 

My name is Tamika Gross, a Realtor with The Agency!

That is, say a 2 bed rents for $50k gross a year.

I kind of have an unrealistic goal of earing 8 figures gross a year by the time I am 30 and am willing to go all out.