For Section 8 rentals, focus on practical updates that meet program standards rather than luxury finishes to maximize returns.

Invelo has built-in best practices for setup and execution, gives you free training and monthly newsletters so you can learn how to scale your business properly. 

Here are a few strategies you might consider:House hacking is the practice of residing in one unit of a multi-unit building while renting out the others in order to pay off your mortgage or bring in extra cash.

This practice is very odd to me.

You'll realize why coming in with a position of strength is vital-- if you cant practice such discipline, the realities of the market will make you.

Seeing how little of principal is paid off in the beginning of the loan cycle, my urge so far has been to throw what I have as extra payments chipping away at that mountain, but I’ve been also thinking lately if that’s a wise practice.

Hi Craig,When considering using an All In One (AIO) loan—similar to a Home Equity Line of Credit (HELOC)—from an investment property for renovations or additions to your personal home, several tax implications and practical considerations arise.

Any advice on best practices?

I came to America when I was just 21 years old and quickly got my CPA license.I worked for small accounting firms before getting picked up by Deloitte.I was with Deloitte for 14 years in their asset management practice.

That is a major privacy concern, I 100% understand why the company is shying away from the practice.