@Laura CasnerFocus on quality over quantity in real estate investing, celebrate progress, refine criteria, explore secondary markets, and explore different property types.

I finally decided to close the doors mainly because the unit used was not available anymore, but also because the regulations got stricker and stricker over time.Now, if you want to use your 2-4 as an STR, you need to show proof that you are living in the unit you are renting by sharing a government-issued ID with that exact unit or your tax exemption form.If you have a building over 5 units, it's a bit easier but still challenging ( you can rent up to 25% of the units out for airbnb)...the few people I know that are successful are NOT the owners of the building, but more so the operator of the airbnb unit aka str arbitrage

I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.

It's technically not an ADU if it's the only property on land as it's an accessory dwelling unit to a main unit.

If you do not have a property lined up already, it may make more sense to go with A HELOC.

We are interested in a property next door to our current flip, but our funds are tied up in the current house.

Hi @Lake Bradford, there are some properties that are still available for rental and you can limit your search to those or you can consider buying and once you decide if you want to move elsewhere, sell the condo and take the equity/appreciation and invest in a home elsewhere. 

If your adjusted gross income (AGI) exceeds $150K and you are not classified as a real estate professional, passive losses from rental properties cannot be used to offset your earned income.

Do you owner occupy this same tri-plex, and are you in a rent controlled area of LA? 

Hi All,I purchased a property in Mechanisburg, PA (Cumberland County).