Above all, a rental should become a rental because it makes financial sense as a rental, not because it just happens to be a house.

@Ben BergHere is the process of renting a property with a roommate, focusing on cash flow, financial arrangements, and renovations.

I have hired another company to handle all other aspects of my financial needs.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.

In the short term, there can definitely be some financial downs, but long term, you will pass everyone up!

Holding is doable but it depends on your financial position, with a refi you'll have costs to do that and your numbers would be different.

My financial situation is somewhat unique, so I’m sharing the details below in case anyone can provide guidance.1.

Quote from @Evan Polaski: @Carlos Ptriawan, your experiences seem to only have started port-financial crisis.  

The bank will want you to be working for a certain amount of time and that have certain credit score plus have your financial ratios match what they want.