It seems like a win-win, especially with the simplified approval process and flexibility for multi-generational housing.

I began the renovation process by enlisting the help of a relative and some of his friends to gut the interior.

You should follow all the same processes you would with a LTR, including the lease.

The Initial Filing:Any existing business not excluded must begin to file in 2024 via the FinCen network filing process.

Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?

I've seen it with my own eyes, my real estate ventures have hit the jackpot thanks to these tactics.Now, let's dive into boosting that revenue through clever fees and rebranding.Charging appropriate fees during the application and move-in process is essential.

I am in the process of getting a HELOC on my primary residence at the moment.

.: Emotionally..... pay off your primary.Financially..... use the $$ to buy assets that make you $$...hands down a smarter use of your capital Especially if your interest rate is well below what the current rates have been. 

After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.

While my budgets are strong, they still require manual adjustments, and I’m looking to automate this process for greater efficiency.My background in technology and AI—along with my experience running a publishing house—has taught me the value of scalable systems.