A friend who has a rental property just told me that his rental was ruined by a mom and a daughter tenant who never mentioned they have two giant dogs when they applied for the house.

I am trying to get a 5% down first home buyer conventional on a fourplex for my daughter to househack and lender I spoke with says that we need to calculate the debt for all the other properties I own and pay from businesses into DTI.Is it true?

(wife and 2 year old daughter)Hope this helps :) 

It 100% depends on your goals.not to be facetious, but if you are asking because to watched a YouTube video, the answer is I would not get into STRsif the purpose is you have long term goals of investing in real estate, you enjoy hosting, and you want a place near your daughters college for when you visit, the answer might be that it’s great.it’s a mature market now.

Tenants will bring in family members who are temporarily/permanently homeless, single moms will bring in new boyfriends, daughters who produce children will have a tendency to drop their offspring off with grandma and grandpa to raise, etc.. 

I've been a stay at home mom for 35 years, now stay at home grandma so my daughter can work.

At the moment I am in Miami visiting my daughter but on the 18th I’ll be visiting my son in Dallas, where my wife and I would like to continue our RE investing in flipping houses.Thanks a lot.Alejandro

(Daughter is landscape architect there and her boyfriend a finish carpenter if you get in a pickle, whistle).

I only invest in areas that we would live (me, my wife and our little daughter), and for us that means we naturally avoid D areas. 

I would most likely rent it out to my daughter.