A recent article discusses how Bloomington is considering flexible zoning to support dorm-style units, aiming to provide housing solutions for residents earning 30% of the area median income (AMI). finance-commerce.comThe city has successfully added new rental units in the 50% and 60% AMI bands but faces challenges in creating units for the 30% AMI bracket due to financial constraints.

ProfessionalA professional plumber can usually replace a kitchen faucet in 30–60 minutes.

Your input is truly guiding my next steps, and I’m grateful for the direction you’ve provided!

If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages. 

There are areas outside the Tahoe basin with a short drive that can provide for solid short term or long term income streams and still pull in the Tahoe goers.

This route also provides access to capital to fund some larger purchases in the next 5 years (roof, HVAC, siding, windows on rental property and last projects on primary residence) in the form of a HELOC if we were to go the route of a first lien HELOC/All In One mortgage.

Keep the text from the “reliable” tenant that shows they provided the addresses you sent the letters to. 

These are professionals with additional training and a stricter code of ethics.

We require them to provide us copies of their licenses and be added to their liability insurance before assigning them any work.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?