The reality of the situation is that your network is your network because you work well together.

Hi Eli, This is a creative and potentially win-win strategy that could work well in the right situation.

Hi Matt, Good luck on your remodel project, I'm going to second John on this one and recommend less is better in this situation.

It is a 4-bedroom single-family house situated just .33 miles from the ocean.

If my intentions are to make a win win situation for everyone then I can use lease options to do that.Here are some examples of making it a win win situation.

Depending on where the property is situated and the "local market conditions" I have them rented out as either long term, mid-term or short term.

Hey Alex,I get where you’re coming from - these situations can be a minefield, especially when the tenant has been using the space for years.

@Brandon Robertson Interesting situation. 

Some investors thrive in these situations, while others prefer clearer paths to ROI.Before proceeding, consult with a real estate attorney and conduct a title search to uncover any surprises.

Really looking for tips on what to do from investors who have been in this type of situation.