That’s a great goal, Steve and honestly, one that’s totally doable with the right plan.If your focus is replacing your work income, the big thing is not just earning rental income but keeping more of what you make.

or would it only offset my w2 income? 

I'm not familiar with dditional income.

DSCR or no-income loans still exist, but rates and lender flexibility can vary, so it’s smart to also consider local banks or portfolio lenders who may look at your overall financial strength.

Quote from @Santos Lopez: I heard that there's a way to deduct short term rental losses against earned income (e.g.

If you truly want it to be passive income lending would be your best bet. $2M even at 10% interest is almost $17k/mo. and that doesn't include fees.

Market shifts have made strategy even more important lately.DSCR loans are based on the property’s own income rather than the borrower’s personal DTI, which makes them ideal for investors scaling portfolios or holding properties under LLCs.

@Maya Jones  I feel like an income verification is perfectly acceptable. 

If not then they are obviously short term capital gains or regular income. 

However, it’s important to remember that S Corps are generally used to minimize self-employment taxes on active income, which may not be as beneficial for rental income, since rental income isn’t subject to self-employment tax.Also, with properties across multiple states, the LLC should be set up in the state where the property is located (NC, SC, GA, or FL), and the S Corp in Florida can be used to manage your operations and provide additional liability protection.