Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:• BTR (Business Tax Receipt)• CU (Certificate of Use)For these, I’ll need to undergo a city inspection.

Also, make sure you’re talking to your CPA and attorney about taxes, investment structures (LLC, etc.), and local landlord-tenant laws.

Something to consider is to convert the pre-tax funds/assets to Roth so you have tax free atm withdrawals at retirement.  

This is especially true since I often look for properties that allow for tax grievance potential too further increasing cash flow.

Have you ever had a year where your insurance or proper tax’s went down?

Is Shingles warranty worth it or next to impossible to claim it?

How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???

Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

You'll likely pay high premiums, face lots of claim denials due to "pre-existing conditions", and deal with service delays.

I waive escrow on all my mortgages and pay taxes/insurance with cc, put repairs on cc, etc.