Our pet deposit is non-refundable which is what I generally would recommend (assuming your state and local laws allow that).

Quote from @Robert Medina: Hello I have attempted to brrrr a property recently but didn’t quite go as well as I wanted.

We have offered to allow her to pay a reduced rent for the first few months as well but I am worried that may create some sort of limit on how much we can raise the rent on her in the future.

The good news is owner occupying allows you to get away with things like this a bit more. 

@Darrius LloydTo start your house hacking journey, research neighborhoods with potential for multifamily properties and balance affordability with tenant quality.

If I have rezoning then maybe that allows me some flexibility if ADU program does come in.  

Like anything.. when you pay for training and support you have to put in the time on your own as well to see the results, unfortunately it does not come with a magic bag of dust, but if you are looking to find the right path in this marketplace you are in good hands with Matt and his team.

Kyle,Before you do this call your lender or who ever is serviing the mortgage and find out if they allow a transition into an LLC or if they have a "Due on Sale Clause". 

And it can work really well for you as long as you pay attention to the statute requirements.In order to defer all tax you are selling investment real estate and buying investment real estate of at least the same value you sold. 

Hi Eric....STR can be tough in DFW area, but some people still doing well, while many are bailing, seeing if they can turn them to MTR or even LTR.