When that’s not enough they go after personal assets, if your rental is in your personal name it’s targeted.

Its a fine line here on BP a ton of the audience/members are in the business and the BP members are their target potential clients.

I'd also learn a lot about maintenance and managing tenants.Then, with my hands-on experience, I could decide if I wanted to repeat the process or target 5+ units - which my experience would help with lenders.Good luck with whatever you decide to do!

I've never gone down to actually see them, but they are on the cusp of my financial targets.

@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?

Write targeted letters yourself saying you own and live in a multi in the area and are looking to expand.

That said, it could be a good choice if you’re capital constrained and need to recycle equity from deal to deal.However, if you have capital to deploy and want to take a more hands-off approach, targeting a turnkey, rent-ready offering could be a better approach for your first deal.Full disclosure: I own rentals and operate a turnkey provider in Tuscaloosa—let me know if there are any questions I can answer for you!

Mail campaigns targeting older neighborhoodsConnect with actual Austinites: This has been incredibly useful for me.

Are you targeting a certain area of STL?

Properties with no mortgage tend to be lawsuit targets.