House-hacking here in Denver and Colorado Springs, for instance, you can rent a room for $800-$1000 long-term.

(Note there are instances where the above generalization doesn’t hold and an attorney is best to explain this to you)There are costs to create each LLC (even if it’s a series) and you will need to prepare and file taxes for each LLC.

Hi Alex,Thanks for the mention.Unfortunately, investors sometimes expect providers to subsidize all loss of income incurred on a property which isn't feasible.We do our best to minimize costs and in many instances "eat a cost" that we shouldn't.Can't control "acts of God" or the weather/other people lolAs we all should know, there are ups and down's with real estate investing.Business is easy and people make it difficult as the saying goes.Our PM never just throws "a body" into a property just to call it "tenanted"Why?

Tourism and Vacation Rentals: With famous attractions like Disney World, Universal Studios, and miles of beautiful beaches, Florida attracts millions of tourists annually.

The designation of commercial multi family is a little bit broad however because for instance I’ve just started investing in commercial multi family and am purchasing 5-12 unit buildings.

heloc terms are not the same as fannie mortgage terms (like @Chris Mason mentioned)for instance I have a 90% heloc on an old primary that was ZERO cost, and the rate is prime -.001%. this additional LTV might help your cause. a heloc is also not necessarily due once you move.

I’d look more at the properties long term potential, without knowing anything about the la market or this property, I wouldn’t trade all thing equal a property in la for a bunch of row homes in west Baltimore for instance, however I’d trade just for example a property in a rough part of la for a property in Montgomery county Md.

They are more flexible than both commercial and conventional loans, while still offering 30-year terms.Most of our clients have opted for DSCR loans since rates have been on par in many instances and they’re usually much easier.  

Another instance of why we avoid HOAs like the plague....

I'd be inclined to follow your PM's guidance in this instance but stay on top of things.