I'd like to chime in on a couple of the common misconceptions that a lot of people here seem to have, both with education in general and with Renatus in particular.First, the concept that Renatus is MLM. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@Kaylin Gonzalez No, just taking the cash flow will not give you taxable rental income.You need to take Rental Income less Deductible Rental Expenses (e.g. depreciation, utilities, etc.) and this will give you Taxable Rental Income. 

However, the fact that it was an existing structure with utilities and plumbing running to the garage made our lives significantly easier.Existing 2nd Story Crash PadZONING AND PLANNINGWe’re located in a suburb of Boston where ADUs are allowed by-right… except if the structure is detached from the main building 🙄 which requires a “special permit”.

You can deduct expenses like mortgage interest, property taxes, utilities, and repairs proportional to the rental space.

I've never worked with an investor friendly agent so I'm just looking for the most efficient way to utilize them if we decide to work together.

Furthermore, entry level homes typically utilize less experienced real estate professionals and the new rules place emphasis on stronger creativity and negotiating skills. 

In a mobile home park, most of the value is in the underground infrastructure, roads, landscaping, amenities, pools, fencing, pads, utility pedestals, etc, while only a small portion of the value comes from a building, like a clubhouse or laundry facility.

STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

Hi @Rhea Jeong,The situation you're describing is actually pretty common, especially for first-time investors looking to maximize their purchasing power.You’re correct that some lenders will consider a portion of the rental income when determining how much you can borrow, typically in the 75-80% range especially for FHA loans.