Hello @Jay Moore Renting out a room can be an excellent way to bring in some extra money, but I’ve found that there are a few key steps you’ll want to follow to make the process smooth and successful. 1.

I’d recommend finding a mentor to guide you through the process and considering ways to invest even before you reach $100k, like partnering with others or utilizing low down payment loans.

And to get a mortgage for a flip , would it be the same process as if I were buying it on the open market?

I learned a lot during that process that’s for sure. 

A great agent will be a great resource for you...all thru the building process, when you are picking option, inspection process, and after the sale. 

Hello all, As a newer landlord looking into self-managing my current singular property, I have come to a crossroads with regards to receiving applications to process.

But there are certain counties that have made getting a non-primary residence STR such a hassle (*cough* JeffCo *cough cough*), that hosts avoid going thru the process altogether.

just like I said, if I could have a mentor that guide me through the process I would love to be active managing the property.

Once you get your process in place it becomes more manageable and can run fairly efficiently depending on your process. 

Often overlooked but understanding the tax strategies the syndicator plans to use should be part of the vetting process.