I think the answer to this depends on the amount of capital you will be able to put into the deal initially.

What the law says is often more of a last resort than a first option initially when there is a dispute because enforcing your rights in court and collecting afterwards can be costly and difficult. 2.

They get free rent/all utilities paid and I pay mine a $500 month stipend after an initial 6 month trial period.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

My initial plan is to live in one unit of the first property and rent out the remaining three.

Initially, my goal was to secure a multifamily property using my VA loan for leverage, focusing on long-term rentals.

In Minneapolis, the Downtown East Commons Park, initially built for Super Bowl LII, has helped attract office buildings and residential developments.

Despite this, substantial changes are imminent and will start rolling out this year.The initial change will be the mandatory registration of all short-term rentals, accompanied by a registration fee.

This enabled us to execute a 100% cash-out refinance, returning all initial capital to investors while still generating cash flow.

One of my best deals came from a seller who initially wasn’t ready to let go due to sentimental attachment (it was a 12 unit apartment deal that was purchased by her late husband).