.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?

Analyze your strengths/weaknesses and also the type of business you are planning on building.

Instead of teaching people to do what he did, he tells them they can build wealth with no money down. 

You would be building equity and paying down the loan over time.

I’d throw in its cleaner energy, but if that was really a factor we’d be building nuclear plants. 

Multifamily properties and long-term rentals are fantastic strategies for building steady cash flow and long-term wealth.

I started playing it with my girls years ago to build a base for them.

Would be interesting to hear experiences others have had..The expectation for rent being used to help build credit has slowly grown over the years.

A little discouraged and tempted to just sell this one as well but really wanting to build a rental portfolio.

Join us (I’ll send you a link) and let’s build each other one property at a time.