Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.Flipping is a great way to earn income, but the market has to be balanced.

He ended up having to pay back all the extra money to the tenants AND pay back all the money S8 paid for rent since the beginning of their tenancy. 

@Christine Aledam LLC doesn't give any extra tax benefit for now.

We have bought beds/dressers for the extra bedrooms and a dining set from Wayfair, they look nice but are pretty cheaply made.

buy a mult with 3% down and live in 1 unit and have the other 1 or 2 units pay the bills. rinse and repeat. get wealthy and be extra generous.

Does any one have any experience with this being the case. 15 people seems a bit extra for 3 bedroom condo. 

One of my places had a little extra room next to the kitchen so we made a dedicated coffee area with a coffeepot, a drip setup, a french press and a pod machine.

Renting it out would let you keep the asset, earn some extra cash, and possibly benefit from tax deductions like depreciation.

You can have an extra large garage on this level, plus some storage, maybe even some covered outdoor living space.

Jay mentioned the collateral backing the fund and if you want to compare something like a PPR fund backed by non-performing notes (at least when they bought them) to a fund having all performing notes, in solid real estate markets with real collateral values I cant see why anyone would want to take on so much extra risk with no reward?