In 2016 we used an accountant to do our taxes and ended up spending 10% of our income from the property.

I’d say sell that property before something goes wrong then go back to square one, save up for a down payment and ample cash reserves for when something inevitably goes wrong, establish 2 years solid and consistent income, build credit, find a bank to work with and start over again in a better asset class.

Fact is lower income people have the lowest barriers to moving from one job to another and from one place to another.

Buying a personal home is a liability and in the majority of cases a SFH is a very poor investment as a rental income property.

Also a lot of time spent trying to thing of other passive income streams along with jobs that I can do from my computer at work, which have evaded me thus far.The question I have for you all is a list of the pros & cons of gaining my real estate license to use on a part-time basis.My job is flexible in that I can leave the office to make appointments nearly any time of the day and am able to answer phone calls.

Most of it is simple math, Income vs.

I have great credit and day job income and qualify for a disgustingly huge mortgage level, even without rents included so mortgages are not an issue for me.

Its not uncommon to see homes sell for 100K more in a year with 0 work done, rental incomes are also pretty strongI would recommend eastern portions of zip code 07304 

I thought tenanted units count towards the/your income.

Because I am just practicing analyzing numbers on a multi family 2 unit income property.