The Democratic bill proposed seems to offer funding to landlords while the Republican bills offers landlords nothing. 

What are you offering?

@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

This type of investment can also offer great tax deduction, depending on your situation.Best of luck on your first deal, feel free to connect with more questions.

Real estate has been a passion of mine for years, even while working in the high-tech industry.Together with my partners, we’re constantly on the lookout for our next exciting real estate adventure.

Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.

When going for a HELOC, aim high on your home’s value — let the appraiser bring it down to what it's actually worth rather than underestimating it yourself.Cash is king.

I would take them out to lunch, explain what you want to do and see what guidance they offer.

To help avoid a lot of these issues I would think about buying a "Modular" or use a "Tiny Home" vendor who offer these in many states.

The OKC market is truly exceptional, and Tennessee offers incredible opportunities as well, so you’re starting from a fantastic position.Wishing you the best of luck on this exciting new venture!