@Vanesa Gonzalez absolutley keeping your "customers" satisfied and taking care of your investment is what self management is all about.

They require almost zero labor and don’t care if you breaker box is full or at it’s amperage limit.

- Having minor maintenance taken care of at no cost - Regular cleanings and maintenance so small issues don't become big issues- A hands off tenant who never bothers the landlord- A property maintained in new condition because it's in the tenant's interestI used to do primarily rental arbitrage but shifted to STR/MTR property management.

With your goals in mind, here are some thoughts on each approach to help you decide what might work best for your situation:BRRRR Strategy: The BRRR (Buy, Rehab, Rent, Refinance, Repeat) method can accelerate portfolio growth, but it does require strong contractor connections and careful planning.

I recently just added her to my credit so she can get a little boost in her score to help more with the process and yes with the low down payment I don't expect to live rent free but one can dream for now all I care about is owning the property cashflow will come later.

@Becky Hoffman If one member of the LLC does not care to have any claim to the property as you describe why can't the partner merely be removed from the LLC.

You may have to do month-to-month leases.Regarding the basement, most cities really don't care if the homeowner chooses to live in the basement.

Here’s some insight based on my experience:Question A:Since you live in California, it’s important to know that California doesn’t care where your property is located.

You can't expect to get the same results investors were getting in 2018.You can play with the numbers a little, but be careful.

@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.