Even if you can get a permit for a basement unit it is way too expensive and you end up with a compromised unit and lower rent.

Prices were negative cashflow.Temple/Salado might be a better compromise for a private residence.

So, instead of being firm on the pricing, try to compromise a little.

My situation is a little different, because it's my own business and I don't have to worry about losing my job for having the appearance of a conflict of interests.If real estate doesn't compromise your day job, I think you should absolutely talk with people about it.

Another thing I can do is try to compromise with the new applicant and see if they will consider a Feb 15 lease start date to hold the unit until they can move in march 1, but again its not my money since the deposit covers the month anyway.

This key benefit alone not only alters the risk profile of the investment, but it does so without substantially compromising the potential returns.

Happy wife, happy...The compromise is for us to house hack a multi, so we can at least lighten costs on the front end.We're on the hunt for a duplex / triplex in West LA.

But you need to look at the interest you are paying to decide which debt is worthy to reduce.I believe you are compromising a fair amount of income per month, and seems to be risky.On the other hand the 3 doors that cost 850k for an income of 38000 minus tax and maintenance does not seems to be attractive.Are you playing capital appreciation game?

I convinced my now wife to go on this house hacking journey and the compromise was no roommates.

Satin is a nice compromise.