Some great options include:Drip Coffee Makers – These are a classic choice, easy to use, and allow guests to brew multiple cups at once.Single-Serve Coffee Makers (non-Keurig) – If you want to avoid the pod waste associated with Keurig, there are many single-serve options that use reusable pods or grounds.French Press – A great option for guests who enjoy a more hands-on brewing experience.Espresso Machines – Ideal for guests who appreciate a high-quality espresso or latte.It’s important to consider your guest demographic and what fits best with your property’s vibe and available space!

Illegals require housing.

In my opinion, it’s a terrible look when someone affiliated with a property management company doesn’t pay rent—and the owner won’t step in.High Turnover Costs-My properties often required expensive turnover work, frequently due to evictions and poor tenant quality.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

And you have taken the extra 150 hours required for the broker's license? 

Are there areas to avoid?

Residential loans where borrowers do not need money but want the money (ie. they could have paid cash but want to have some leverage).AVOID:1.

The other watchout is if you lose your job you are required to pay the money back quickly, like 30-90 days with most 401K's or the loan gets converted to a withdrawal that comes with tax implications and penalties. 

That way, they get steady income, and you avoid a big down payment.