Borrow money with interest from friends and family.3.

We're considering the following options:1) Purchasing a single family/duplex and renting it out, continuing to live in and house hack our current house and building equity slowly.2) Purchasing a duplex, rent out one side and live in the other, rent out current house.

My HELOC lender does not allow electronic payments just checks, but because my contractors generally want straight cash or else electronic payment, I usually cash the checks myself and then send the payments electronically (which is not great from the perspective of my HELOC transaction history, since it looks like I was sending the money to myself only).Please help!

I'm also an active single family home investor here in Charlotte.

Both units were STR, but they are also used by us, friends and family. 

I'm a little confused, are you looking for a 2-4 unit or a single family rental (SFR)?

It's a single family home that we were able to refi into a 3% interest rate. 

Rule #4: Don't rent to friends, family, coworkers, or anyone you associate with outside of landlording.

Talk to the city to see what is needed for a suite and then go through the check list.for tenants, I'm not sure I would have rented a basement suite to a family of 7-that's asking for trouble giving the size of the space.

I plan to gut renovate an entire multi-family property.