You mention you are not making a lot of money (and living with your family and living expenses are very low).Real estate is local. 

And that will move asset prices as well as rents - and with some delay also income. 

Zach, with strong borrowing power but low cash, most investors tap equity or partner.

., early rental income vs. later appreciation).

Hey Gabe, given your income situation, you might consider a DSCR loan for an investment property—no income docs needed, just credit score and rental income covering the mortgage.

Quote from @Dan Ikon: An investor considers acquiring a short-term real estate to offset his investment income by depreciation loss.

How real are the numbers provided by AIRDNA on operating income?

I was curious as to what my income was for June, July and August at our Lake House in SC.We have owned this house for 15 years and have a low interest loan.We could still pick up more bookings in August, but it is pretty full already.

@Greg Seivert You're absolutely right to question that advice.Just because you qualify as a Real Estate Professional (REPS) under IRC §469(c)(7) does not mean your rental income shifts to Schedule C, and it does not trigger self-employment (SE) tax.Rental income, even when you're a REPis still reported on Schedule E, unless you're:Providing substantial services (e.g., cleaning, concierge, hotel-like operations), orRunning a business like flipping or wholesalingREPS simply allows rental losses to be treated as non-passive, so they can offset other income like W-2 or business profits.

That makes the deal appealing to someone who wants to live in it while also generating income.These options keep you in control, avoid foreclosure, and potentially create income.