I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

A friend of mine had a similar journey - they turned their old home into a rental property and soon realized they loved managing tenants and exploring ways to add value.

Do you build it with the intention of renting it or just for family/friend use?

I think one of the biggest analysis paralysis thoughts is on landlord- or tenant-friendly areas.

Im not a realtor, but i do know of many investor friendly agents here.

@Kasey Hardt very interesting,  didn't realize this was a pattern but even I've got friends that are getting recruited to the area for medical device startups etc, so could be a very interesting trend to watch.

My experience with friends/some clients is get their numbers via whatever method you can and reach out via the phone.

You might want to partner up with a friend or family member to mitigate the costs.

I'm going to do new post referencing insurance - this has been a big topic amongst my California friends.