Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

Here’s what you need to know:Key Benefits for Landlords1.

The only additional thing we do is send them to collections.

If things work out, we'd like to have at least 1 additional property before the end of the year and have 8 in 8 years.

When investing with them you get almost no tax benefits and usually get crappy management. 

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

.—(1) Whenever money is deposited or advanced by a tenant on a rental agreement as security for performance of the rental agreement or as advance rent for other than the next immediate rental period, the landlord or the landlord’s agent shall either:(a) Hold the total amount of such money in a separate non-interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants.

But for years I was just working hard without seeing any benefit and I had to keep going even though there was no light at the end of the tunnel.  

Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.

This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.