These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

Having the property on your tax returns will help to wipe the mortgage expense with proposed rental income, making it easier to qualify for your next primary residence purchase.

. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.  

If financing remains expensive, focusing on high-cash-flow properties and strong rental markets will provide the best hedge against prolonged high rates.

While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.

Why ask: Knowing the mentor's expectations will help you prepare for what’s required in terms of effort, communication, and engagement in the program.Asking these questions will ensure you make an informed decision about whether the mentorship program is a good fit for you and your goals.

I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

You could also reward staff for lease renewals, positive guest reviews, and reducing unnecessary expenses.

Alternatively, platforms like Twilio provide excellent customization but might require more technical setup for Podio.

They're all obvious and simple, but do require work.