NSPIRE will be used for all HUD funded housing programs.With NSPIRE, inspectors for HUD-assisted and HUD-insured housing will be able to conduct objective, defensible, and consistent assessments to evaluate housing conditions.

If you purchase the house cash without handling these issues then you will have the same issue to deal with later when you want to refinance or sell and title insurance is needed. 4.

Insurers have become extremely conservative over the last year.

As I understand it 100% deduction on expenses that are soley related to the business or the rented unit, 50% deduction on expenses that relate to the general property as a whole ( mortgage interest, insurance premiums, common area repair expenses).

I believe shared housing is going to become more popular, due to the lack of available housing throughout the country; and lenders, insurance, etc. will need to find ways to accommodate their use. 

Also make sure they have proper license and insurance and name you as additional insured for liability.

Some neighborhoods might offer better returns or be more stable than others, so local insights can be super helpful.

I’m aware that money is likely going to be spent but, assuming it doesn’t, then can you still make tax free cash flow simply off of the recurring deductions like interest, management, hoa, utilities, taxes, insurance and depreciation? 

Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ?

However, depending on your loan type, if you put less than 20% down, you may have PMI (private mortgage insurance) which will make your monthly payment higher by up to a couple hundred dollars.