Issue is he is paying 750$ a month for the 3br/1ba unit, market value for the area for the same type of unit is $1,819.  

Achieving a quick turnaround required detailed planning and coordination.

Thereafter, I ended up renting to graduate students until the visiting scholars returned this past fall.I suspect whether you do better with Sabbatical Homes dot com or Furnished Finder depends upon the location of your unit. I

I am committed to dedicating time and effort to achieve this goal, and your insights will be invaluable in shaping my journey.

In my case, I wanted to keep my mortgage payment low, so I decided not to do a cash-out refinance and instead opt. for the HELOC.Either way, it sounds like you have some great equity to leverage to achieve your goals.

Hi everyone, This is my first post, so apologies if I should've tagged something different.My husband and I live on the east side of the Salt Lake Valley, and we’ve been exploring ways to achieve financial independence and build wealth through real estate investment.

MULTIFAMILY EGI INCOMEMultifamily GPR: Rent Roll Rents w/ Laggards @ MarketLess - Concessions: 0.50%-1.00% (Depending on market)Less - Vacancy: 5.00%-7.00% (Depending on market)Less - Bad Debt / Delinquency: 0.50%-1.00% (Depending on market)Multifamily NRI= Multifamily GPR - Concessions - Vacancy - Bad DebtOther Income: Get a rent roll detail showing all the other lease charges by unit. IE

Overall the house hacking achieves effectively living for break even or less than rent and getting you into a market you normally couldn't afford the downpayment on.

A successful venture involved flipping a 30-unit apartment complex; acquired for $450k, we revitalized it with a $150k construction overhaul, achieved full occupancy, added a laundromat, and subsequently sold it for $950k after two years.

@Connor McGinnis, the strategy is really contingent on the specific market and moreover the tenant base in place.You are looking to achieve 33% rent increase.