@Travis DumontThe Fannie Mae owner-occupied program allows individuals to use the program multiple times, but with certain limitations.

You should be consulting with your CPA ot tax preparer to account for the specifics of your individual tax situation. 

Hi All,New Member, Always wanted to invest or start to invest in a rental property, Hoping to learn from like mind individuals, Thank you all!

HI Shivani,Each individual property would be calculated separately based on when you purchased it (tax returns or lease agreements used either or or both in some cases) which the lender would subtract from the monthly PITI or mortgage obligation/taxes/insurance/assessments/etc.All the rentals whether positive or negative would then be added up into one number (net net).

yes, there are PMs that manage individual units. 

@Bernard Chouinard I doubt you can get a referral fee from a broker as a non licensed individual, but hey, I'm not a lawyer, and I am not in your state haha.

Impressive Rent-to-Price Ratios: Average rents for 3-bed homes are about $800-$900/month, potentially yielding 12-15% gross returns.Economic Transition: While historically industrial, Bay City is diversifying into healthcare, education, and service sectors.Revitalization Efforts: Downtown redevelopment and community initiatives are breathing new life into the city.Strong Cash Flow Potential: Low property taxes and insurance costs contribute to robust monthly cash flows.Let's crunch some numbers on a hypothetical deal:Purchase Price: $75,000Down Payment (20%): $15,000Mortgage (4.5% interest, 30-year fixed): $304/monthProperty Tax: $100/monthInsurance: $60/monthEstimated Repairs/CapEx: $100/monthProperty Management (10%): $85/monthTotal Monthly Expenses: $649Potential Rent: $850/monthEstimated Monthly Cash Flow: $201Cash-on-Cash Return: About 16.08% (not including appreciation or tax benefits)These are rough estimates, and individual properties will vary.

You see individuals who buy and sell properties but do none of the work and do not manage the properties; use the word turnkey. 

Individuals with a Section 8 voucher will typically seek the nicest housing that does not exceed their voucher limit.

But I know people personally who have been compensated with equity in a deal for connecting individuals with deals with capital. and Vice Versa.