Building a strong financial plan, researching markets, assembling a reliable team, and having an exit strategy are essential steps to success.Good luck!

For the lease, can you list the girlfriend as an occupant rather than a co-tenant since she won’t be a financially responsible party?

There's no Airbnb calc tool that really accounts for creativity and its financial value.

My husband and I are licensed financial professionals and we love to educate on IULʻs or different types of policies that can assist in situations such as these! 

Not because we had failed - this was a four-year resident entering their fifth year on the property when they got into financial trouble. 

As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear feedback from the BP community.Large PM companies have begun partnering with financial institutions, such as Rhino Insurance, to help tenants who struggle with paying their security deposit.

It's an exciting journey that can offer both financial rewards and personal satisfaction.

It’s important to ensure you’re comfortable with these risks and consult a financial advisor.If you choose to use a HELOC, consider traditional financing or private loans as alternatives if you prefer not to risk your home.As for your first rental, markets in the Midwest and Southeast offer great opportunities with turnkey properties that are tenant-ready and appreciating.

Setting financial and lifestyle goals and using lessons from your current setup can help.Good luck!

Don't limit your future financial freedom to just where you live today.