Think about your down payment, which is often 3-5% of the home's price for regular loans and 3.5% for FHA loans.

More eyeballs on your offer equates to more opportunities, so expand where you are listed or show up on social media regularly.

Then when you sell you will get to prorate the gain between tax free (the period you lived in it) and taxable (the period it was a rental)4.

I’ve never made more than $50K from my W-2 and the highest paid year was during Covid when I got a bunch of bonuses for being a healthcare worker so was not indicative of my regular salary.

I sent same letters regular mail the next week. 

(Please note that now that we are aware of this BS, we regularly kick these people out when we find them)

Anyone who deals with HUD on a regular basis only speaks of "net to HUD " as that is the only number that matters to them.  

@Jared Vidales Hey Jared, I own 3 that are pretty much exclusive Boat/RV storage and in the middle of adding on a little over 12,000 square feet at one facility right now.They aren’t terribly different in the grand scheme compared to regular storage but there are a few major differences that I imagine you are aware of by now.After getting systems in place I think collections are better at Boat/RV compared to mini.

Regular Check-Ins: Conduct regular check-ins with your tenants to ensure everything is going smoothly and address any issues early on.While dealing with difficult tenants is never easy, taking clear, documented, and legal steps can help resolve the situation effectively.

.- Set up systems to regularly keep in touch with (and add value to) the folks you connect with whether they're local contacts or virtual contacts from BP.Happy to see you here... looking fwd to seeing how the BiggerPockets platform contributes to your journey.All the best,Abel