That way you take advantage of the more favorable loan terms and most likely your monthly payment for your housing will be less than what you would pay for renting an apartment.Paying the full $1800 by yourself when you can live comfortably only paying $900 in rent doesn't seem like the best option.

The longer term loans would have lowered your monthly payments and decreased the costs.As for rent, each year you need to look at rents in the area to decide how much you will be increasing the rent by. 

And even then, the life cycle is generally pretty long from first contact to closing.  

I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

For years, many projects in Chula Vista's Coastal Zones faced long delays, but starting in 2025, SB-423 changes that.

Old post, but in the short-term the world changed with the recent passing of HR 5376.

I have a Duplex I was doing a long BRRRR on.

They are exceedingly rare, thus very expensive, but I believe they represent an excellent long term steady income and store of value.  

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

However, we always strive to address any issues and find solutions that work for everyone.Company Integrity: Partner Driven has a consistent identity and a long-standing commitment to supporting real estate investors.