What you said are really common misconceptions in regard to parties and damage.

Software is a common question on BiggerPockets.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Hello,I have recently gotten a seller to sign an agreement to a subject-to deal. The loan amount is $220000, and the estimated Zillow price for the home is $600k. However, the home is in quite poor condition and disre...

I am curious if there’s anybody out there who has experienced this scenario, and would love to know if anyone has any advice,tips or tricks to get this ball rolling.Thanks in advance!

The most common properties have lot sizes from 300sqmt to 600sqmt  while duplex has less. 

This typically means the local governments have not even discussed the topic of STRs, which may not be the best scenario for you as the investor or buyer.

What this narrow group of investors have in common though is they know the market well because they lived there for a couple years.

And this scenario is for property in California if that makes any difference.Thanks and i appreciate the all the helpful information from this forum.

Also, I would also not cross-collateralize the houses if a lender would even do a portfolio loan.On your second question about multifamily, I would not jump to multifamily until you have experienced the common management problems with single-family as the expenses scale with the size of the property as well as the cost of mistakes.I would consider getting Home Equity Lines of Credit (HELOC) on each property.