It's the same with pets some people are highly allergic to animals and will specifically rent in a no pet building.

Unfortunately house hacking is kinda out of my reach.I have a 3 bed 2 bath primary that my wife and I live in with my 2 adult sons,which need to start investing in there own home by now lol,20 year old and a 23 year old.And my wife loves animals so some of those too.So I come with a lot of baggage to house hack I believe,unless there is a way I am not aware of.Sounds like your off to a great start,keep going forward!

Imagine you have a fish in the ocean that doesn't eat.

Some things to consider are: if minor maintenance is included, if they file the occupancy tax on the owners behalf, if they hire the cleaning service and if they "eat" the credit card fees or pass them onto the owner.

Quote from @Erika Peketi: My process is to serve them with an unauthorized animal violation, fine them $200, and require them to remove the animal within 72 hours and pass an inspection.

I have plans for land I want to purchase to build self-sustaining animal sanctuaries with vet services, growing food for them.Also more land to build self-sustaining low income/homeless developments, with career assistance, training, garden including growing vegetables to get them on their feet and possibly into home ownership when they move on if they wish it and they can also pay it forward.

If you didn't diversify, when the market has a prolonged downturn, you will eat up your principle using that money to live and then not have enough to generate the returns you need when it picks back up. 3.

The disadvantages of it are that the risks you're taking (and that I outlined in my original post) and the fact that it's gonna take more time until you can earn some rental income.I don't know about you but, if I can, I like to have my cake and eat it too.

Secondly, who cares what the ownership splits are if the gain can't be realized because the values are propped up/can't meet projections, the sponsor cannot execute on the business plan or the fee structure severely eats into the distributable cash when the realization event actually occurs.

Two, taking on more than you can eat.