Remember, most of these loans are not like your house loan, where the house is collateral, but really YOU and your income are the security of the loan.  

The uncertainty around potential policy changes related to housing, taxes, and economic strategies has already caused some investors to wait on the sidelines.

You could potentially "House Hack" the ADU you mentioned, instead of renting.

Apologies for how long it is 😂Background - I have put a back up offer which looks like it will be accepted when the current buyer doesn’t meet the negotiated timeline  to close on a deal which was 2 small single family’s 2bd / 1bth recently fully renovated being sold together on a parcel.

I was curious if there were any other Palmdale Landlords on here, if so when you rented out your properties, did you see significant demand for the rent by the room strategy as opposed to renting the whole the house?

Quote from @Stuart Wilson: I served 21 years and wish I had held onto all the houses I bought.

Option 2: I found a house that the asking price is 930k , but I’m sure I can get a discount on it because it needs a lot of work , it doesn’t qualify for traditional financing , so I would need to take a hard money loan , it needs about 150k worth of work , the plan would be to offer the full 930k asking price but ask for a 6% seller concession , I calculated 20% down payment and 7% closing cost , so total after seller concessions comes out to 21% down payment which is $195,300 .

I would invest in Las Vegas since it has a growing population and very high demand for housing. 

House debt: 7500.004.

If I had 50 people express interest I likely will get 6 to 9 people show to the open house.