Hi @Ezekiel MojicaGreat to see you are getting into the exciting world of factory built homes.

That way, I can generate a large amount of passive losses and offset some of my W2 income.One big factor is that the 1M of real estate bought needs to at least be "Breakeven" - meaning it doesn't negatively cashflow. 

(New carpets, Siding, Paint, maybe just a few appliances) The reason being is that many (many) people seem to forget that rental housing is incredibly hard to come by in small towns or outskirts of cities where the primary industries are medical clinics, restaurants, bars, farms, and factories.

People are not tied to the factory towns of old.  

I’m just concerned I’m going to build this standalone flex space surrounded by residential homes and factories and won’t find tenants because it doesn’t meet their needs. 

Another factor is the Nevada restoration project currently under way in the 80905 area code.

@Kazi Islam I agree with the previous posters.

Many people get overwhelmed by all the details.1) When doing a direct mail campaign, your most important factor is a good list.

Another important factor is credit history and rating (if going for conventional financing) so it’s always a good idea to start paying attention to that and working on building a good history.

I skipped the cars and went right for the airplanes bought a SR'22 new at the factory in o4.... 430k purchase price I guess I could have bought what 20 houses or more in the low end cash flow markets but hey what fun would that be... but hey with the 22 we could do 200 mph legally.