Hello, I own a rental house on a large lot and I'm planning to divide the lot to build a duplex for renting out.

Even with the larger home, I'd save around $4k, depending on how much overtime I work.I am tired of paying high rent in the Bay Area, along with high utility bills.

It's also not rented yet so there is no income to DSCR, the tenant would need to be in place or at least moving in prior to closing.That doesn't mean you couldn't get a negative DSCR loan or bridge option, there are many options.

Being in a price point that typically caters to moderate earners, so affordable to their incomes, but also having a tenant base that is more likely a renter by necessity than choice (or the non-PC way of saying it: a tenant that can afford your rent without struggling, but can't afford to save up to buy a house).3.

Would it make more sense to live in old side and work on it while living there and still make rent on other side while losing out on being able to claim expenses as tax deductible or live in updated side and loose out on rent for about 4-6month(1300/month) but be able to claim all expenses as tax deductible.

I am thinking about updating my lease to prevent tenants from displaying Democratic Posters of any one running for elected office that champions ideas such as Rent Control, Gun Control or other anti-landlord ideologies.

Depending on who is renting the space (you or a tenant) to the groups having the events you may also need Liquor Liability and Workers Comp.

There are many long-term rentals, and rents are relatively cheaper here but considering the current interest rate market I am not sure how well they're performing.

Sure you can rent the equipment and do it yourself , but Its back breaking work . 

The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370