That doesn't include taxes, insurance, property management, vacancies, and other expenses.

A new investor buying a $150,000 SFH house in the Midwest or $500,000 duplex doesn't need a trust in the Cook Islands - ridiculous and not practical.I know many California investors with millions in real estate who purchased umbrella insurance who don't even have LLCs.

@Nazimuddin Basha, There's a whole lot of us feeling that pain of increased insurance costs and resets in taxes. 

I never take them up on this offer as they are not insured and they could hurt themselves or cause damage to the property or someone else.

The August 2024 report from the Austin Board of REALTORS® shows housing prices in Austin and the greater metro have been fairly stable over the past 12 months.

For financial, insurance and logistical reasons, I will need to occupy one of the two units that are currently occupied.  

She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does not have money ( has all money for fancy furniture and gadgets)But anyways she has not paid her move in deposit ( paid partial) and has not carried renters insurance.

If you are using their money for a down payment, are you really planning on renting it to them in a traditional sense or simply having them pay for the mortgage, insurance, taxes, etc (ie you won't be renting it at market value more you are buying the home for them and they are making all of the payments and repairs?

They buy homes in upper middle class to lower upper class neighborhoods which represent solid appreciation potential and reasonable upkeep/taxes/insurance expenses.  

Rent is at 2300 with Mortgage, taxes and insurance at 1700.