I hadn’t thought about the risk of expanding my portfolio by having multiple properties over leveraged, although that seems to be a growth strategy that many use,  I’m not sure it’s one I’m comfortable with.  

What is the best strategy to leverage this for my goal?  

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

As long as I understand the risk and mitigated the risk with sound exit strategies, I can let people live in my properties and I haven't had any losses yet.

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

I wouldn’t think if this is your first property that a rent by the room strategy would be the best starting point.

The discussion on LinkedIn has erupted into hearing various opinions as well as strategies surrounding actionable efforts.  

The takeaway here probably boils down to the fact that there aren't a lot of markets that cash flow today with yesterday's strategy. 

My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.

@Jacob Hrip For a first-time investor, financing options like a HELOC or private funding depend on your strategy and risk tolerance.