We manage 70 units (moving up to 100 this spring), and I think the transition will be very smooth for the new properties we are about to begin managing.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

The only problem is finding a way to make that transition, while paying the bills.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

We spent four years in a duplex, maintaining it in our rental portfolio as we transitioned to another house hack residence with an additional accessory dwelling unit-type house next door.Navigating the intricacies of FHA loans in competitive real estate markets can be daunting, given stringent home requirements and more complex processes.

Without steady income, the odds you can successfully make that transition are very low. 

Hi Min, We see this scenario a lot for clients that are planning on retiring and looking to transition to another state. 

@Zach C. let us know if we can help at all in your transition!

Since real estate and laws governing such are primary state differentiated, the transition will be uneven.

I raised the rent to $800 because I was planning to transition the units to paying for their own heat so a lower rent amount was fair.