Also, Conventional and FHA allow for buying multifamily properties as your primary home, meaning you can buy a duplex, triplex, or 4-plex, live in one unit, and rent out the others.

I would like a home with a low interest rate-so I could rent out and cash flow-which he has. 

He was also featured on the local news station for his innovative work.The tenant is of course taking no responsibility for any of his actions or the damage, and he mainly just throws out empty and somewhat comical threats about a team of lawyers on standby, accusations of insurance fraud, and leaving bad reviews for the property manager.

My partner and I just purchased a house in Feb and are renting out the majority of the home.

Real talk: investing is not easy, especially starting out.

Charging only $800 for $1200 market rent is no different to pulling out your wallet each month and handing them 4x $100 bills.

Prior to finding this out, we agreed to honor all current bookings after taking ownership (we would get the income).

There are advisors out there who specialize in working with real estate investors and understand the unique challenges and opportunities in this space.

It will continue to go down by 20% each year until totally phased out. 

I found out the previous owner had passed and had lived there many years.