You can probably just go ahead and live in that 5th unit, but I believe whenever you go to refinance it with a bank or what not, the 5th unit will make it require a commercial loan and not residential regardless of what the county records show the property to be. 

There’s a ton of investment pouring in, job growth, and a growing demand for housing.

I am trying to hire a licensed REA for my LLC to perform occasional open houses and move-in/move-out inspections since I am out-of state from my rental property.I have the REA identified, now I just need to know the steps to creating a contract for them and me to sign.

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

The house is valued at 200k asking price of 150K.

I'm currently in a rent to own house we are moving out of and will be renovating and renting.

There are a few Dundalk neighborhoods I'd stay away from but for the most part it's a great area for house hacking/BRRRR.

Section 8 refers to a voucher that some people use to pay for their housing.

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

house hack is possible. base way to get feet wet