I'm sure each person has their preference, but I'm curious to know what people's experiences have been and if they have seen differences in vacancy rates using one vs the other.

RE investing has been something I wanted to do personally.

Just not a big fan of the ups and downs personally 

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

. (#1 appreciating city 2023)I personally make well over $100k/yr cash flow from 21 properties here.

I have personally house hacked for over 10 years and continue to do it to this day, right here is St.

It is my understanding that it isn't like traditional loans like mortgages based on personal debt to income ratios but more about the properties income potential?

He told me to fill in an application that asked me personal questions, like goals, financial status etc and then have a call with one of his sales guys.

I'd also check if she's currently on her utility bills (if they are tied to the house rather than the person living there).

They have installers as well.Take a look at Engineered Wood floors since this is your personal residence.