Quote from @Nicholas Dillon: Hey guys,I own 2 LTR properties, plus my primary home that I rent out half of the year while I live in Indonesia with my wife, who is Indonesian.  

Does Goodin Development have offices or assets located anywhere else in Indiana other than where you live?

You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.

So white shaker cabinets and quartz countertops really don't get a premium, because a majority of the tenant base would rather save $200/mo and live with the oak cabinets and laminate counters.  

Hi, we went live with our first STR (or any rental for that matter) around mid-November.  

Last thing to look at (and right out of the pages of our client's own experiences) might be starting a transition of wealth in the form of using 1031 strategically to purchase property that your heirs live in until you pass and they inherit. 

However the older generation that lived through the 80s really like that arcade cabinet and they are the ones paying for the trip. 😉 

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.

He doesn't have to worry about a rough needing replaced or a tenant causing $20k in damages after one year living in property.  

To list a few...Anyone who wants to increase their property’s income potential (and equity) and build new housing in a market that struggles with high prices, low supply, and few new construction.House hackers who live in their primary and want to airbnb an ADU love this strategy or vice versaInvestors who want to do both long term and short term benefit from having two separate units.Rental Restrictions on ADUs.Thankfully, Raleigh is very STR friendly and ADU friendly right now.