With Airbnb prices rising, we loved the idea of investing in a few different small apartments scattered around the world so we would have a virtually free place to stay, and when we were not there we would make money off of sites like Booking and Airbnb.

Your idea about the land left by the LA fire combined with SB-9 is definitely interesting.

Does anyone have any ideas on how I can get insurance or property tax down?

Coaching or areas I should be thinking about or looking into with this idea?

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

Any other ideas would be awesome! 

Looking forward to connecting, sharing ideas, and soaking up as much knowledge as possible!

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Quote from @Jerry Velez: Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued.

I found this deal off market; it was my girlfriend at the time's uncle who owned it, and we pitched him the idea of buying it from him.