I have taken numerous courses in RE and am passionate about learning more I am based out of West TX- Midland/Odessa area

As someone who has helped many new hosts get started, I’ve compiled all the essential tips and strategies into a simple step-by-step guide.

If you can give a bit more info about the property, you can get more focused recommendations.

As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches. 

I was wondering if anyone had ideas on how I might be able to attract more tenants who are okay with having this type of policy as I know it might be a bit of a niche market, but I'd love to hear any suggestions.

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!

So if you are high a income earner and need more tax deductions, a real estate professional will help.

I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

It was a nightmare, and the foreclosures took more than a year and were extremely costly. 

There are no plans to change that.Further, it won't help.