HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.

Columbus OH checks all these boxes and the rules here are super landlord-friendly!

It still is very possible to find properties that meet the 1% rule without much difficulty; but it’s also tougher now to find a mortgage for anything valued under $100k – regardless of condition or P&L.To me, the shenanigans Code Enforcement continues to play on a new owner after a sale plus the recent increase on the annual rental registration fee really discourages buying more in the City.

Start by researching areas that fit your goals, understanding financing options like FHA loans, and using the 1% Rule to evaluate deals.

A more typical rule of thumb is to budget 10%–15% of gross rental income for maintenance and repairs over the long term, depending on the property’s age, class, and location.

I set clear rules: no cooking, but guests could use a microwave, toaster, and coffee maker.

Hi Chad, @Denver McClure and I are working with a client on a 1035 scenario right now and it is an easy process.

I am going through the regulations and restrictions in that place (not a closed community but there are some rules).

I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.

I'm also bringing another investor (Strong) who will take out a loan for the 250 Be careful of the various rules.