I am owner occupying this unit so I didn't know if there was a problem with putting property in LLC.

@Zachary JensenThe originalPost “ why wouldn’t an accredited investor invest with no risk….”Why is it that people think there is no risk in real estate.

The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.

When you bank with a smaller regional or local player, you run the risk that the 3rd party aggregator won't see the value in maintaining a bespoke connection protocol that likely provides very little data compared to the big national banks.

However, they are hard on the physical property. expectations before they move in matter most, if you share the clear rules about what is expected, and what isn't, and remind them that you are connected (even from a distance), I expect it could turn out well. make sure you aren't putting in high dollar nice things.

It's a lot quicker, and you can minimize the risk substantially.

Its great that you have saved some money and have a desire but investing involves a risk of loss.

is my primary home I live in it, the purchase price for the house was $145k and I put 5% down when I purchased it. i been making 6 payments The house is located in Rockford il Most likely the answer is no if you only put 5% down.

If you can split each into 3 or more lots and put a 2020 mobile home on each lot, I think you would get more bang for your buck.

I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.