Hello Everyone,I've been thinking of integrating a rental property into my income stream for a few months now, and it seems that a unique situation has appeared that I may be able to take advantage of.

My primary residence has a unique feature in that it has come with a 20x40ft double-wide manufactured home in the backyard.Previous owner was using it as a shop but it has wood panel walls and beat to hell 50 year old carpet. 

You can always just throw it on airbnb, but you risk $5,000 per night fines.....not to mention the costs to furnish, manage and operate the unit.In my opinion, airbnb from an ownership standpoint isn't much better than just a good old normal long term rental, unless there are unique/niche like features that allow your building to stand apart from all of the other (and we're talking thousands) airbnb units on the market. 

Whether it's reaching out to certain people, analyzing a number of properties, or even picking up a new book.What I've heard from a lot of successful people, whether in business or sport, is that motivation means a lot less than discipline (which, I suppose is another way of saying persistence!).

We have a very unique real estate market here and for outside investors and those that haven't lived here for a while it can be a real challenge...

@Jeff Cragar, it's hard to say which would be best because each meetup has a unique aspect to it and best way to find out is to attend a couple. 

I think they have similar down payment requirements as similar lenders, but perhaps they could assist in a unique way if you can provide something of a down payment, some conventional, etc. 

Those specific costs would be included in your depreciation basis for the rental portion of your house.Consult your CPA for more specific guidance as it applies to your unique circumstances.

You are in the very unique position of inheriting a rental property where you are guaranteed to meet the 1% rule each and every month. 

We have special rates for our Investor clients and understand your unique needs.