In todays market it's hard to scale when you need to put 20-25% down with renovation. 

Fast forward to today - I met my current partner, and we purchased a townhome together and are now in the process of renting it. 

I recommend you call them today! 

As of today however due to a signed affidavit we will be given a court date to follow through with eviction and perform said strategy above with section 8.  

Hi Nate - It'd be worth asking the lender for a detailed breakdown of closing costs for this program, as well as an estimate of the interest rate you'd get with today's rates (they'll probably need to pull your credit to do this).

My wife and I house-hacked our first place in ALX renting out the basement on Airbnb as a monthly rental.We're now on our second property doing the same thing.It's short notice, but if you wanna attend today's NOVA REI meetup, it's the last one of 2024 and we're meeting at Tyson's mall on the 3rd floor.

UPDATE - After my post earlier today, I was contacted by Zach Lemaster with Rent to Retirement.

Welcome to the forum @Chris Primavera.Seeing as you are brand new today, it would be good for you to search on the forum for those areas and read everything there is about those markets.Grab @Avery Carls book Short Term Rentals Long Term Wealth and read it. https://store.biggerpockets.com/products/short-term-rental-l...It is chock full of info that you need.

your owner occ loan should be done at todays rate what your bank quoted you was commercial terms and not even good ones..

I am in Huntsville, voted #1 place to live by several publications such as Kiplinger's and USA Today.