So, it is something to be wary of with the liklihood of choppy financial waters ahead. 4.

I currently live in Butte, Mt but plan on moving to Phoenix, Az for 6 months out of the year.

This means they don't care as much about your personal financials.

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

Some "go with their gut" which is a bad way to measure someone's financial responsibility.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Sounds like a good plan @Stephanie Medina!

If you plan to sell it in the near future, I would focus more on the added value overall. 

You’re up 40% over your withdrawal plan.

im in Orange County CA and there is a huge market here for room by room rentals here. i've been doing this for quite some time (over a decade now), and it certainly has its pro's and cons. my advice if you go about this is make sure you do proper vetting before moving someone in... not only for financials/ credit-worthiness, but also for temperament and expectations in a co-living space. we ask a lot of questions like "how do you handle conflict?"