By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

Investment Info:Single-family residence fix & flip investment in Kenmare.

Investment Info:Single-family residence buy & hold investment.

They do require these to be done on Primary Residence, and they probably do have a credit component, but may not have an income component to underwriting.

And consulting with a local attorney to ensure compliance with state-specific real estate laws, plus making sure you have the necessary permits, is a smart move.As you start, also look into state-specific rules regarding contractors and renovations, especially if you plan to flip in different states from where you reside.

Investment Info:Single-family residence buy & hold investment.

Some insurance companies offer policies specifically designed for owner-occupied multifamily properties, so it’s worth asking about that option.The key is ensuring both your personal residence and the rental unit are adequately covered.

Basically, you can't STR an entire home here, or even an ADU, and can only STR out a portion of a home that you reside in.

So everything hinges on appreciation, which could come back with inflation.Primary residences are often not good rental assets.

The resident pays the second month on time and then, and only then, do they get the concession.If the market is soft, and we are having trouble renting, before we consider concessions, we look at the product, the marketing, and lastly the price.