The only experience I have in real estate investing is a wholesale deal I did to pay for nursing school tuition.

CONSUMER " PROTECTED"  OUT OF HER HOME.SUBTITLE:  BE CAREFUL WHAT YOU WISH FOR, YOU MIGHT GET ITAn actual case history- A home owner rendered homeless as a consequence of  a mortgage regulation--  HOEPA  ( Home Owner's Equity Protection Act )The mother of  three school age children provided in home medical assistance for an elderly resident of a small Idaho mining town.  

Some lots will allow only one single family unit others one SFH with a mother in law quarters, some will allow more than one house to be built on one lot and yet others will allow multifamily units that is covered the zoning laws , regulations or ordinances.

Keep the momentum going good luck with your nursing program.

Looking for any insight and advice regarding current situationHere is a breakdown:My Mother and I have formed an LLC and looking to begin our real estate journey with the BRRRR strategy.

Once I decided to move on, I would put a long term tenant in and still be legal (or vice versa).If I do separate the garage into a studio/1 bed, then I will target traveling nurses because I have a few hospitals in the vicinity.

Does anyone have a suggestion how I might use my rental income from Furnished Finders (traveling nurses) towards my income on my taxes? 

ihave some good money to fiddle with but iknow that just because ihave it doesn't mean ishould just take on such a project.would really like everyone's opinion and advice.location is Rochester, MN home of the mayo clinic.im thinking to rent out to either traveling nurses that come here to study at mayo or to rent it out to patients who come to visit the clinic.thanks in advance!

Look on redfin for sfh with mother in law suites.

Essentially, I am purchasing with the intent to rent to my mother-in-law and her kids who has section 8 housing and who’s housing voucher could cover enough for fair market on a 3 bedroom home.