New investors or long-timers.

Hi @Jennifer S.Since it would be a long-term investment, I would definitely consider setting up 3 different meters.

Typically it takes sticking with one thing over the course of a long time to figure out the intricacies for that specific sector.Just my suggestion. 

The offering is real estate fund, from fund 1 to fund 5, last availabl fund is fund 5.

What is $275/m in rent roll going to do for you in the long run on a $70,000 house?

DSCR would be an easy option to go assuming you're looking for a long term solution.

That would NOT be enough for me to buy 100 units unless it's a incredibly low price, then work on filling the site with long term RV tenants while I wait for the new reactor and cashflow in the meantime.

I am looking at a prospective out of state long distance deal that has been difficult to obtain lending on as there is both a regular home and mobile home on the same property and the mobile home causes the potential investment to not meet conventional guidelines and therefore not even DSCR loans are an option.

Tips include finding multi-unit properties, living in a unit for a year, property management planning, budgeting for repairs, networking with local investors, and focusing on long-term goals.Good luck!

Hello everyone,I'm considering purchasing a triplex with the following unit mix:2 apartments for short-term rental (STR)1 apartment for long-term rental (LTR)Questions Does this mixed-use property (80% STR, 20% LTR) still qualify for the short-term rental tax loophole?