As a result, competing against seasoned investors in the multifamily space can be challenging, especially for newcomers or those with less capital to deploy.On the other hand, single-family homes (SFH) are typically the go-to choice for primary homebuyers, who are not always as cash-rich as investors but can still secure financing through conventional loans.

Unfortunately, the husband lost his job about 8 months ago and, from what I'm told, hasn’t been able to secure another one—not even in retail or fast food.

For the past two years, my primary income has been my Social Security, and my home is fully paid off.

The owner has agreed to give up this access if he can secure alternative access but has been running into issues with the City of Redding.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

We have emails, video conferences, secure portals etc etc.We do have a physical office, and half of our clients are local.

For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

On the other hand, if you’re financially secure, the low-rate loan and potential appreciation make holding more attractive.

Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.

He even tells us not to do business with seniors on Social Security or with newbies, but he has no qualms of ripping me off on Social Security and a newbie!