The environment has changed significantly over the last year.  

I definitely could've tried to maximize my monthly income by renting the property by room, but with HOA restrictions and my inability to comfortably find a property manager that manages rentals by the room were my biggest reasons to rent out the entire property under one lease. 

What is the regulation environment? 

The rest of the seminar was great hands on information beginning with the current macroeconomic environment & state of the real estate market (using graphs from the FED).

Ikenna,Depending on where you are located and your comfort level you can find a lot of great deals in multiple states. 

I know some people are against buying properties that won't have a positive cash flow, but I'm comfortable with it because it is a long-term investment for me.

Let us discuss how to finance properties if you don't have a W-2 job, what are you all doing in this high-interest rate environment, what are the benefits of single family housing verses multi-family, vs self-storage. 

@Gabriella NataldieWith $10k in savings and $8k in hospital bills I would not be buying a multifamily propertyA roof, hvac system or major repair would wipe out that $10k.Closing costs alone on the property would be more than $10k.While it’s awesome to be ambitious, I recommend focusing on saving $ and building up enough capital so you can comfortably afford to buy a property

Both are valid strategies – just pick the one that aligns best with your financial goals and comfort level.Happy investing!

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