STR in Boston (and metro) are mainly for owner occupied residents only which means you can rent your bedroom or an adjacent unit.

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

Even if you rent the house for $2,000 a month, you will still lose because of maintenance, vacancies, and the expensive mistakes common with newer investors.You can borrow up to 70% of the equity.

I hired a PM who agreed to manage my property for 8% of the rent.

Look at area rents.

I - nor my clients - will rent to anyone without having of proof of engagement prior to moving in.Hope this helps.

Jaycee Greene,B neighborhood, rents are $4265.

You can rent these units out, but there aren't many people who want to rent and live in it.

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

Also rents seem to be less in Racine than in Kenosha.