I would keep rent a little below market, then split the monthly bill between the tenants on top of rent.Old houses in cold climates get expensive in the winter.

First when I wanted to create a fund to buy court house steps..

AirbnB, long term rentals, how large is the house,  how many rooms... your message should be extremely specific.And do not neglect Pinterest.

Quote from @Alan Mills: Yes, I would agree with Chris and Bill, but if you have an option to get around this by putting it inside the house?

If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.

My name is Wes and I live about an hour north of Toronto, Ontario, Canada.Looking to get into real-estate investing with long term rentals, BRRR, and House hacking.Currently looking to also find other other local people to chat to about real-estate and how to get started in our currently price inflated Ontario market.Let me know if you're in my area!!

Not trying to scare you, but a lot of lawsuits happen because the landlord doesn't follow fair housing laws, or simply neglects repairs etc.

Poor or No Communication PlatformsEffective co-living communication platforms are characterized by:1) usability2) accessibility3) commitment of involvementThis can be done through house email lists, whiteboard, group texts, etc.

By this time, I realized Chris was wholesaling the house to me (unlike the other houses on the tour) and charging me to manage the project.

My initial idea was to find a house in the &150k-$200k range and flip it for $300k-&350k.