It's a way to have them pay the mortgage and you (may) live rent free!

These places are often the last stop before homelessness and with the huge influx of new transplants to the Vegas area, the prices are being driven up at every price point and the supply of affordable housing is low.

We have alot of friends who rent out rooms so they can live rent free and still build equity.

I to am a transplant from Toledo area of Ohio as well.

And there's the likelihood that by the time I've made 5 million the city will require 10 to live really comfortably! 

Both properties will allow you to live rent free.

I'm a recent transplant to the Acworth, GA area.

During my time here, my mother passed away from Liver Cancer.

Buy a good B/A SFR near where you live.  Rent

Because of my low income on paper, the only loan for which I can qualify now or in the future is an asset-based one, thus, in the future I wouldn't be able to easily access the equity through a HELOC or refi.The only debt I will have is 5 mortgages; I live rent-free in a room in one of the 5 properties; and the section 8 guaranteed rents for 4 of those, plus the reliable short-term rents from the high-end rooming house, cover the debt service and will cash flow $84,000 (or a proportionate value as rents and expenses rise) for the next 10 years, at which time I'll be 61.