However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck! 

Whether you’re looking for creative financing opportunities or cash deals, I’d love to bring you potential deals that align with your goals.

It gives you insights into occupancy rates, average nightly rates, and revenue potential in your target area. 2.

I'm interested in investing in multi unit properties and potentially get into house hacking.

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

Potentially YES!!!

We fully renovated both units, improving the property’s value and rental potential.

Q1: Great points, we'll need to have a detailed operating agreement that outlines an agreed approach to all potential outcomes.

It’s great to have you here, and it sounds like you’re in a fantastic area with lots of potential.