It could be any side-hustle you want just as long as you like it and your able to save some extra $$$.2.

Most lenders want your housing expense to be less than 40% of your monthly income… sometimes closer to 30%… but usually between the two figures.  

Also, you can charge extra fort extra guests when you list on your own. 

Usually, "family" is considered the first tier, mother, father, sister, brother, daughter, son, your spouse, grandparents, all being in a direct linage, blood or marriage, your great uncle by marriage isn't in this group. 

Absolutely do contact Yonah, he is the best person to answer your cost seg questions.As far as determining feasibility, it is usually done by your tax accountant who can estimate your immediate and future tax savings.

It is a good reminder to be extra cautious before going into anything.

It doesn't cost anything extra, laws may be different where you are.

You may not be able to qualify for Conventional, or what you qualify for might be too low, but it's absolutely worth exploring.If your credit card minimum monthly payment is only $25/mo, then you are actually mostly likely better off NOT paying it down or off, and having that extra $7K available for down payment and reserves.

They usually don't cash flow, but a big part of your housing is subsidized by your tenant. 

I live in the suburbs of Portland, OR.On most properties I'm seeing, if I put 20% down, most, if not all, of these properties are negative cashflow in the amount of usually $200-300.Should I wait to put down more like 30-40% to ensure positive cashflow or am I being too cautious?