We had 4 yrs of college, 4 yrs of medical schools, 6 yrs of residency, 2 yrs of fellowship.

Investment Info:Single-family residence buy & hold investment.

Thanks NIna Never skip out on verification of residence history and past landlord reference.Rental fraud is on the rise, and becoming easier and easier. 

Do you take out a second mortgage on an Airbnb that you never wish to sell that’s almost paid off  or do you take out 100 grand against your primary residence.  

@Matt J.As an out-of-state investor in San Diego, key tax and legal considerations include filing a California non-resident tax return for rental income or capital gains, managing double taxation with potential tax credits from your home state, and complying with withholding requirements on property sales.

If family lives in the main home and friends stay for free in the garage, the property remains a primary residence, but there’s no rental income or tax benefits.

My plan is to use my HELOC from my current primary residence as the down payment.

My primary residence, single family home and a large 7 bedroom duplex 

Investment Info:Single-family residence buy & hold investment in Nashville.

MTRs do have higher turnover than a typical LTR (usually between 2-4 times a year), but since most MTR residents treat the space well and since there is less moving in and out of furniture, it is not uncommon for an MTR to actually have less wear and tear over the year than an LTR (and a lot less than an STR), Arbitrage for the MTR operator has its own sets of pros and cons, but I just wanted to address the question of why would a property owner ever want to allow an MTR in their unit.