You are deciding between buying a multifamily or a large home and renting rooms and asked the pros and cons of buying a large home and renting rooms.The first thing you want to consider is zoning and how the local government regulates rentals.Some communities limit the number of unrelated people who can rent in a property.Once you confirm how many people can rent in a property you want to have a local title company look at the deed and covenants that may limit the number of unrelated people who can live in a property as well.The pros are a property may check out that you can rent to a reasonable number of people in the property and the cost of the big house may be less than a multifamily offering a greater ROI and you are using the property for its highest and best use adding value to the community with affordable housing.To Your Success!

Since you're targeting East Nashville and a budget under $350K, focus on finding a single-family home with rentable space—like a property with a basement unit, extra bedrooms, or a garage apartment.

While I currently have 25% equity in the home. 

First time home buyer, flipped by "mistake".

@Garrett JohnstonHey Garrett, Yes, it’s definitely possible for a Canadian corporation to purchase a single-family home in Cleveland.

Your adjusted cost basis is the purchase price plus capitalized improvements minus depreciation. 

In 2024 we had only 4 million home sales.

Smart homes with AI-powered security systems, automated climate control, and voice activated appliances are becoming the new standard.

Paradise valley was bucketed as a median home price location. 

I’m almost 3 years from construction, which is when my tax exemption on the improvements expires.Now my question is, if I turn the SFR and DADU into legal condos, is there a risk that my original mortgage on the SFR a conventional one could be called?