Someone questioned her on the comments asking about net rental income and she didn't respond.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.

Purchase price: $112,000 Cash invested: $25,000 Mid Term rental How did you find this deal and how did you negotiate it?

For today’s episode, I'm planning to purchase another rental property and have been researching various down payment strategies.

The rents are collected weekly instead of monthly, so there are more rental periods each year, but I assume expenses may be higher as well.Does anyone have experience with SRO real estate?

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Look at population growth, job opportunities, and other economic factors that will drive rental demand.

This would offer an alternative and it can set you apart from other competing rentals.

Irina, there’s a lot to unfold here. if you are looking for the rental cash flow to assist in covering the cost of living in Florida, maybe the best option is to sell your property in PA and use that money to buy a multi unit in Florida this way you accomplish both option.