Yes, Its a NNN lease & only expense the owner is responsible is for a $20k/annum.

The one negative is with multiple tenants in a house is potential for conflict among each other but could be reduced by screening all of them well. 

We have been working in the affordable housing space for some time, and this allowed us to partner with the local community and provide a housing solution they need as their city continues to expand with new jobs they are successfully bringing to town.

For example, I live in Gilbert, AZ, which isn't exactly the cheapest place to live, so if I begin to look for a house here in AZ are the lenders going to want to see 300k-400k$ in liquid assets for me to get approval for a mortgage (as the homes in my area are around 800K-1M)? 

I'm assuming the House is worth roughly $400k.Goals1.

To all of those providing rental housing in the Cedar Rapids market, I'm curious to hear from YOU!

However, when the new owner sells, they will owe capital gains tax based on their share of the basis.Given the complexity and IRS scrutiny of 1031 exchanges and drop-and-swap strategies, consult a CPA or attorney specializing in partnership taxation to ensure compliance and maximize tax savings.This post does not create a CPA-Client relationship.

If you decide to keep your house, you can do an IRRRL after you have made at least 7 payments on your new mortgage.

If anyone in Pennsylvania is looking to sell their houses through a wholesale agent please consider myself as a reputable source of help.

As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.To put it in perspective, we saw around +45k in the 2010's.Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....