Instead, it works like a credit and goes toward some of your upfront costs.

Thanks Jack for your response, I am trying to avoid condo because of the low appreciation issues.

A property could be cheap but be located in a low performing market.

Does not appear to be low IQ person to me .

I don't have the capital to replace the HVAC at this time or the credit to finance it.

Small, local banks and credit unions always have connection issues no matter the software.

@Jeff G. not aware of that, but sure it's available for a price from Fair Isaac Co or one of the credit repositories.

A personal liability policy "MAY" extend to one or two rentals but if you are planning on building a portfolio consider the commercial umbrella.Another thing to consider is that the courts frown on carry high personal liability but low business liability when trying to hide behind the vail.

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

These properties appeal to students and low-income renters, especially if traditional housing is limited.