We are looking for low maintenance (so primarily new construction or >2000 and well maintained/rennovated) single family homes.

Purchase price: $174,000 Cash invested: $16,000 Bought a single-family home in spring of 2021.

I don't think you are going to be able to get insurance for two separate living units in a single-family when they are both illegal and likely do not have the correct egress windows (basement) for fire safety which could subject you to huge liability if something happens to either party.

That’s the best bet.

However, it is perfectly acceptable to combine all tenants’ security deposits into a single account.

Hello Bigger pockets just dropped the blog link attached with current hedge funds buying single family homes .

I'm most interested in Single-Family or Multi-Family Homes with the intention of having Mid or Long-Term rentals (although I am not opposed to Short-Term either).

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.

I bet you could make little to no money in 20 hours a week.

I'm also happy to share access to a spreadsheet where I track Single Family, Multifamily & Rental Inventory for the Pensacola Market(Escambia & Santa Rosa Counties) each week.