Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.

Social media has really messed it up for my generation.

However, since I am NOT an expert in everything I assign a value for how confident I am in each estimate and use that to generate a LOW and HIGH estimate value.

Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

Doorvest claims that they help identify, purchase, and own rental homes for a littles as 35K and help generate cash flow.At the moment, I'm little skeptical but wanted to give it a try and write each steps here (good or bad) and help the community here. 

All successful plans are generated this way. 

The only difference, lead generation requires someone to make the calls.

Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

I want to ensure I’m saving appropriately for a down payment and that the property will generate enough income to cover all related costs.Any insights or recommendations would be greatly appreciated.Thank you!