This investment aligns with my strategy to develop high-quality rental properties in thriving neighborhoods, where both rental income and property values are steadily rising.

This investment aligns with my strategy to develop high-quality rental properties in thriving neighborhoods, where both rental income and property values are steadily rising.

If they are 40-50 years old then potentially it would be more expensive to maintain/repair them.

I added value to the deal by initiating cosmetic repairs to make the units rent-ready while preparing for more extensive renovations.

I added value to the deal by completing quick cosmetic repairs, allowing the property to be rented immediately and generate cash flow while preparing for ADU construction.

If you can own the property and pay a similar amount for a similar lifestyle, it's probably a good decision (assuming you can afford it if it doesn't go perfectly, needs repairs, etc.)With house hacking the rule of thumb is: The more uncomfortable you're willing to live, the better the numbers will be.

As I understand it 100% deduction on expenses that are soley related to the business or the rented unit, 50% deduction on expenses that relate to the general property as a whole ( mortgage interest, insurance premiums, common area repair expenses).

I have gotten 90% financing for more than 1 first timer because of their credit and the quality of the project.You need to be very liquid using credit unions for the purchases of shell houses cause the rehab will be on you. 

Our thesis is that there is a critical shortage of inexpensive but quality housing in the US.

This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.