If you are not familiar with it PadSplit is like Airbnb except for rent by the room (co-living).

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker who's on their second house hack.

I see you are looking to invest in Florida, texas or colorado. that means you are a little undecided right now, but what i can tell you is that they all are great choices, you'll have to see your goals, and where you find the best for your budget. goodluck, let us know where you end up investing in

Hi All,I have a family friend who wants to rent a property in Colorado and I want to help them out. 

We are in the 80925 area code of Colorado Springs close to Peterson SFB, Shriever SFB, and Fort Carson. 

That transfer puts you at risk the lender can call the loan (the Due on Sale Clause)Next yoiu potentially have an issue with co mingling funds.

Many co's even pulling out of place like FL, TX, OK because of the repeated storms and continued claims.

If you pursue co-living properties, I would still highly encourage you to analyze the deal as an LTR as a backup strategy in case things go sideways.

For example, CO has a state tax rate of 4.63%.

I'd like to get another eight years out of her.When the weather's decent, which it is quite a bit here in CO, I ride my '05 Triumph speed master.