Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

Treat lenders and brokers as partners in your team.

There's a specific forum for House Hacking.You'll want to spend some time reading through there as it's a common topic.

However, exploring out of state markets could offer stronger cash flow upfront, so it’s worth evaluating both paths.A piece of advice would be to focus on building your core 4  team: agent, lender, contractor, and property manager.

So far, I've rated Evergreen and FCI lowest based on a number of reviews on different platforms that have consistent negative reviews mentioning certain specific issues that I find concerning (this is after accounting for the inevitable disgruntled customer/borrower who gets unjustifiably upset).Are you able to share any of your information?  

Building department can advise on specific next steps - municpal hearing and presentation of plans will be required in most cases. 

This made sense to me at the time as I wanted to not only invest in myself, but also him and his team. 

We've even purchased, rehabbed and then sold properties to specific investors before.

In general, what sources and heuristics do you use to determine if an area can support new construction in general, and in specific in GNO?

Instead of tying up your retirement funds, tapping into financing specifically designed for real estate investors can keep your portfolio diversified and your retirement intact.Leveraging your 401(k) is your personal decision, but framing it within the broader context of balancing risk, liquidity, and opportunity cost can clarify whether it’s the best tool for your goals.