While rates may not decrease, the significant double-digit increases should level off.

The first couple is a no-brainer.The second group has too many people, increasing wear-and-tear on the home.

The 401k is a valuable asset but its my thought that I can use this asset to further increase my portfolio by putting that money to better use.

Corona impacts will greatly impact this surplus but it is nice that the state had a $9B surplus.CA, over the last 10 years, had the 2nd largest net population increase of all 50 states (last I looked - I believe it to still be true). 

The appraisal came in at 490000k arv and the comps pulled and increase in home value since a year ago shows the property at around 515000k.

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

When we create our business plan, we also include our exit plan.We'll only proceed if we can clean this up, acquire new tenants at higher rents so we can increase our NOI, which in turn should reflect our cap rate and profits.Since this asset class is new to us we will tread cautiously.Scheduled to preview tomorrow. 

Think of vehicles like the cyber truck where you need to sign up ahead of time to pre-order and so many people want it that the value increases shortly after they are released.

Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)

So the added cashflow to property owners it they are willing to become the developer and increase density that tactic could help more owners stay than could otherwise afford to stay.