If you keep track of mileage for income tax purposes you should get a PO Box as close to home as possible.

I'm working to develop a stable, and passive income through real estate.

You have to be Accredited to invest in DSTs by the way - $1m net worth excluding your personal residence or alternatively you meet certain income requirements.

Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)

My partner has a steady job and indulges my lifelong passion for passive income. 

We have raised the income by over 10% and slashed the operational expenses.

I just don’t know the right place to find stats on things like employment, demographics, average income and family size of a certain market.

The good thing is you can make interest only payments until you refinance and payoff the original HML.How confident are you in the Rental Income?  

I have been thinking about getting into REI for a few years now and really anything to provide alternative income. 

In the future, we would like to get into multifamily to build up a passive income stream.