Had an exceptional outcome.All in at $450,000 and the appraised value of the property is $875,000 on the low end.

HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

I ain’t no lawyer (except on the Internet), so will possibly have to resort to checking with the lender (BoA) to confirm as I didn’t see anything in the contract that suggested that it closes if I’m no longer resident.James

I highlighted two common exceptions in my earlier post, but doesn't sound like either scenario applies to your case. 

Best place to find this type of funding is in a group where people lend in this fashion which is essentially unsecured /100% financingyou will not find many to do this except those that are brainwashed by gurus who think it's a great idea

That said, we have traveled a lot and stayed in wonderful Airbnbs over the years and have always dreamed of creating an incredible experience for someone visiting Minnesota with a short-term rental as well, so we are definitely open to that idea and have some great experience as to what we know would provide an exceptional short-term rental experience. 

I never paint, swap rugs (except flooding), or do other improvements on rent controlled units This can lead to blight.Who benefits from rent control?

This is an old thread and I don't have an opinion on Rent Hero (except that maybe this business name feels a little dated and pigeon holes them)For tracking receipts Real Estate Investors often think they need physical receipts for every single tax deduction.

You have your exceptions, but that's what I've seen after talking to thousands of people and helping hundreds build their porfolios. 

(There’s no way to transfer title that can legally prohibit enforcement of due on sale, except transfer to the owners REVOCABLE trust or transfer to children upon death).