We have a cash flowing investment that we're making passive income with!

Single family is restricted to single family, no income generation.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan.

For many people, going from 2 incomes to one income puts a lot of strain on finances.

You would basically offer the same set up utilities but you would have a residual income monthly by renting the plot to the owners of the space. 

These are usually lower income areas, and you must understand the quality of tenant you may get.

AppFolio is great for property managers, but investors often use Stessa, REI Hub, or Buildium for tracking income, expenses, and tax reporting.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

Estimated costs range from $500–$1,000 annually, depending on the complexity of their LLC and rental activity.For Partner 2 ($148K joint income, W-2, 1099 income, 1 rental, 2 kids), a CPA is strongly recommended.

One is focused on real estate and its all military folks and vets (I'm active duty Navy) and the other one is focused on being well rounded, while also building wealth and passive income.