@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

Do you make them under the original owner s name or my own name ?

I do hope we move and stay in San Diego long term (20+ years) like I have with Chicago (40 years).

With its rich history and revitalizing economy, the city offers unique opportunities for long-term growth.

Leveraging financing to acquire multiple properties is a smart move for long-term wealth building. 

Own and just keep it as a rental longterm/short term rental?

Hello BP fam,I'm planning on upgrading my flooring from carpet to some sort of laminate/vinyl/hybrid flooring - both for personal (allergy) purposes in the short-term, and for re-sale in the long term (6mo+).

You can qualify for lower down payment loans, and after a year you can move out, keep the same loan terms and convert the unit you vacated into a rental.thank you!

@Stacie TellesMost lenders have a seasoning period (typically 6-12 months since the original loan), so check with your current bank or shop around for others.I would also watch out for prepayment penalties on your current loan.

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.