I've done several of these here in Chicago, and currently looking for a single-family house to a live in flip in. 

The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level). 

What adds complexity to our plan, is that we live in Minnesota.

Even if the sponsor lacking knowledge and experience can raise capital through syndication, their life will become a living nightmare of lawsuits, hostile social media posts, public ridicule, accusations, legal threats.  

The past tenant was a hoarder and the apartment has not been lived in or touched since 1999 (26 years)! 

I live in Elkhart, IN. 

Living closer to work saves time and money.

Hey BiggerPockets Community,I’ve been investing in co-living real estate since 2020, and over the years, I’ve met countless investors who get their first deal (or maybe their second)… and then stop.They don’t stop because they want to—they stop because they hit a wall.Somewhere between Property #1 and Property #3, investors often find themselves stuck, unable to scale the way they originally envisioned.

Split the $20 to buy yourself lunch and dinnerIf you are on the road, daily per-diem should cover a lot of your day to date living costs.If they send you on the road, you can potentially airbnb your house.Best of luck!

Is a beautiful area here and I used to live in Cali I wish I knew about this place here when I was there gay why i thought of promoting there too.