We also allow removal of a tenant from a lease as long as the tenant group is in good standing, and the remaining tenants qualify again based on their combined income. 

@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.

It sounds like you’re setting up for a solid multifam portfolio—between you and your dad, the combined entitlements give you a lot of flexibility.

 - recognize you are combining 2 if the highest effory rent models: student rental and rent by room. 

The combination of generating extra green cash with a biz and then investing in real estate for long term weath is the way to do it.

Sandwich LO are even better.First and foremost, NEVER combine the two into one contract as the seller.This topic is a seminar unto its own, in order to fully explain what I wrote above, and to understand the why and how. 

Quote from @Otis Clayton: Quote from @Jake Baker: @Otis ClaytonWe typically fund with a combination of Hard Money and Private Money. 

The Roi combined for 3 duplexes after repair will have an ROI of 4.47.

The ideal location for your first investment often depends on a combination of factors like budget, market growth, and your personal goals.

My second house was under contract before it was even listed, but the combination of my GC disappearing and having to restart the permitting process for the carport in March right at the start of Corona lock downs dragged that out and eventually feel out of contract.