@Dulce DavisSome private firms would consider blankets but they are gonna cost 2x traditional financingI would take the one with no mortgage and leverage that to buy another and keep doing that - also once in a while may consider selling some inventory to get more cash

If a room has their own bathroom, obviously that would not be part of the cleaner's responsibility as they would not be entering any of the private spaces.Renting by the room will get you more money, but will also require more work on your part as there will be personality clashes (do not get involved in those).

So if you're interested, private message me and I can give you their details.

You can definitely make a lot more than 7% in other ways through the stock market, buying another rental or private money lending.

Would it be a HELOC, private lender, etc? 

Hi, my wife is expecting a K1 equity payout this year.  Can we use our current investment propeties or purchase another investment property purchase to at least slightly offset the tax hit?  

There are some other strategies where you can collateralize equity with a portfolio loan or use a private lender, but typically these are better suited to portfolios of several properties.Charleston has a very active investor community - several meetups for different groups each month and active social media groups/pages.

I personally have closed on a handful of properties with owner carried financing and have negotiated terms for several million in private notes for clients.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

Regular market analysis and strategic selling of underperforming assets while the market is strong can allow you to reinvest in higher-performing assets or hold cash for future opportunities.Leveraging built equity through equity partnerships or private lending can generate passive income while keeping your capital relatively liquid.