Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.

Anyone have experience renting a Non-Conforming triplex unit that meets Code through Section 8? 

If so how was your experience?

Please feel free to send me a P.M. 

Since New Jersey is very tenant friendly I wanted to know if anyone has had a successful experience with actually getting your tenant out within a few months?

This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr. 

I would need more info to really help, but feel free to reach out to me any time.

@James SillsFrom my experience working with investors, transitioning from residential to commercial real estate (CRE) is an exciting and achievable goal with the right foundation.

@Kegan SchollFrom my experience, if you're a 22-year-old house hacker, Texas and similar markets can be great for room rentals thanks to population growth, strong demand, and tourism.

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