Tenant screening is challenging and you have to have the right process in place to make sure you choose wisely.The main thing as many said, this shows a red flag on the amount.

One important detail is that my brother currently lives with us, and we are open to having him stay with us if we do make a purchase as a renter to help cover our mortgage.I see our main options as the following:1) Buying an SFDU to live in, and "house hack" with my brother continuing to live with us and pay rent2) House hacking with MFDU.

And what are your main concerns about financing?

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

From what I see all the people answering to me here (and there are so many) are just coming against and refusing to agree with my simple statement: "a landlord is not above the law or norms by its personal choice or presumed capability to judge what he don't know" or as well "a landlord cannot deny or miscarriage a service to a stranger without a known valid reason and at the same time pretend to be operating professionally or loyally to the moral"Basically I'm telling if you are not able to do your business correctly it would be better to find someone else than you, mainly when your ideas about "squatter" or fair treatment are coming from ignorance or completely invented. 

Now on the flip side. there was a good post on BP facebook from a syndicator that went to a conference with a bunch of syndicators and one of the main points being brought up by the investors in the audience is the Poor communications that is coming out of the syndicators these days.

As far as your concern on the homes, I have no information on this but I offer you this:  I spoke with our CEO and he is very open to me setting up a Zoom, Google Meet, any venue to INCLUDE a trip to our main office in Tampa FL to meet with him and our Team. 

I agree with @John Underwood that insurance is the biggest hurdle.

You're still waiting ten years].The main counter-argument used here on BP is: How much more could be achieved with that extra $100k than merely paying off a low-interest-rate mortgage early?

I think the main factors you should consider in Florida are the following: 1.