The plan would be to move out after a year and rent my side out for $2,500 (market rent price).

Maybe the partner is less able to do some of the leg work or their priorities change or maybe they move out of state!

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Share your stories, tips, and insights!

Live in one side and renovate that side, then after the lease for the other unit is up move into that one and renovate it.

Ramping up this year but my wife and I ultimately plan to move to Georgia in 2027 (we already have a realtor for the curious). 

You can do this without bankruptcy and if you continue those new habits you can move on to buying an investment.

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?

The have interviews, tips, and tricks to getting started.

Here are some suggestions to help you secure funding and move closer to realizing your vision:1.