I have seen one bad tenant crush an entire 4 unit building with bed bugs, non payment of rent, and drive good paying tenants out of the building.The location is the # 1 priority, after that asset condition is really important.  

Even a distressed dump of a house located in a warzones in the worst inner-cities don't lose value over 5+ year horizons.

Hi Nam and Simon, I used US Bank for my LLC financing for the auto loan (it was a secured business loan - the vehicle was the collateral for the loan) and the unsecured credit line.

I am as green as they get in real estate investments but I truly believe it is the best way to go to create residual income and financial security for my family's future. 

My advice would be to sell and buy a duplex or a small single-family home with a basement that you can rent out in a more desirable location if you can't afford a multiunit yet.

- Focus on the market research, numbers, and location.

Our lovely East Coast boasts some ideal areas that have shown consistent property price value increases over time, making them attractive for long-term holds, particularly in the rental property market.Consider these cities and zip codes in Southeast Florida:Miami-Dade County:Miami Beach (33139, 33140)Coral Gables (33134, 33146)Brickell (33131)Broward County:Fort Lauderdale (33301, 33304)Pompano Beach (33062, 33064)Hollywood (33019, 33020)These locations have witnessed remarkable growth, but it's always wise to conduct your own research and evaluate factors that align with your investment goals and risk tolerance.If you'd like to hear personal experiences or discuss further, I'm more than happy to chat with you.

You'll find more people on regular long-term rental sites than you would on anything designed for MTR, which is not even a term people are familiar with.If you are renting longer than 30 days, you should screen, collect a security deposit, use a written lease agreement, and follow the landlord-tenant laws for long-term rentals.

I’m interested in taking ownership of property. another property located within the same vicinity, has multiple homes on property.

It’s located downtown Atlanta amongst other tourist attractions too.