Sept 10 Episode # 562 This couple was on who purchases homes and then rent them out to a sobriety program.

—as long as it’s not to a retirement plan—the lender will almost certainly require a separate guarantee.

We do NOT have a separate LLC for it. 

I think option 1 upfront but what about in a couple years when I actually do want to sell.

A portion of rental income can be applied to your income if separate units (not for bedrooms in your unit) which could bump the value a little, but this will pose a challenge. 

Hi Michael , would you mind if we connected so I could ask you a couple of questions about their services etc Hey man, sure shoot me DM!

The inspection will also vary depending on whether there are kids in the house or not - they don't care about a couple small flaking paint spots if there are not children. 

There are a couple hundred builds planned for this community but this would be one of the first few.

Going through and underwriting a couple of SFH BRRR opportunities I've came across in the Indianapolis MSA, specifically Marion County. 

A couple expense assumptions:Insurance: .6% of market value per year ($1300 to $1700 for garden variety SFH)Repair buffer: $50/moPM: 8% of gross rent + 80% of first months rent HOA: Ranges from $0 to $50/mo.