Also, to track spending habits - just had a prospect withdraw their application when we asked why they were spending half their income on gambling websites.

Living closer to work saves time and money.

Live in one side and renovate that side, then after the lease for the other unit is up move into that one and renovate it.

I previously lived in this property and never locked myself out of my room so I never looked nor do I even know if I have a key for the bedroom door.

I live in CA and drove that route for years to visit family in Phoenix, AZ. 

I did 7 deals last year from out of state living in Austin Texas.

Since STR “lives” on reviews, being “right” because of the contract the guests signed might be the most expensive “right” you’ve ever experienced.So what’s left for the “wanna be” STR investor in today’s market?  

The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

I also pay my mortgage for the house I live in.

Sometimes tenants bite, sometimes they don’t, but it’s worth a shot.Owner Move-In: If you’re planning to live in one of the units, you might be able to legally take it back.