I do like the idea though....in any area of life, quality usually produces contentment!

But good rentals don't usually produce passive losses.

Some brokers like Keller Williams and Reamax have teams, which is good because usually the team leader is a top producer and will hand you some referrals they don't want to bother with because they are too small of a deal.

So search CL for these terms in your target area.MLS - Have a realtor produce a MS-Excel report for you which lists all of the properties that have sold via the MLS for cash in your target area in the last 90 days.

I currently have 5 properties (10 "doors") financed by banks -- all good producing properites -- and it is getting tough to find additional bank financing.

But as rentals, they're not going produce much, if any, cash flow.

It's like a professional body builder that goes the natural route and steps on stage and places in the top 10, then does a cycle of steroids before the next contest and places higher.

That presentation generated 4 realtor calls over the next two months that produced no business but importantly, plenty of good will with the broker owner.

But if you have one property that's producing passive losses you can use those to offset taxable income from another property that's producing taxable income.Good rentals produce taxable income.

The deputy AG said that if I produced a paid insurance policy they would let me move in.I did and they did.