We are actively managing two fund offerings, one focusing on real property (REO and off market properties), the other focusing on Pre-REO (vacant first mortgages).

We are thinking about furnishing one of the Racine duplexes and listing it as a MTR to maximize our investment and get a higher cash flow. 

Labor, supply chain (we are on an island) and red tape: from offers and closing, to funding to permits.  

To answer your question, if the home is priced at market rent, we are seeing our rentals lease out in 25 days.

We are starting the process of analyzing deals, making a plan and executing on it. 

As we have all seen, Californians are leaving in droves over the past couple of years, and fleeing to Florida, Texas and yep...Arizona.As long as we continue to stay under LAs housing market for affordability, we are going to continue to net those homeowners wanting an upgrade to a bigger house or lot. 

We are in TexasHe normally uses schedule E with properties and his CPA told us to do a Schedule E for this one.

For the most part, most lenders are going to be relatively close in cost assuming we are talking about a straight forward loan product, we all borrower from the same pool of money to make these loans. 

For us in the seller financed note investing world, we are often looking to find value in a deal that fell outside of a traditional banker's lending box. 

We are targeting a 'house hack' situation where 50% of the units would be rentals, and above 50% would be our own 3LDK for family home...