You're probably not going to buy a house while you are in college.

We renovated most of the house over the last 6 months and just made it active on Airbnb April 2024.

Personally I use my local regional bank where I’ve banked for years.

If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.

IF you are planning on living in the house (or part of it), you can buy with as little as 5% down, but you will have to get mortgage insurance which will cost you in the long run. 

I have a rental property that has a main house and an ADU on it. 

Use an FHA loan and buy yourself a house that you can hack.

Yup  I dont know whats worse this or wholesalers who have no money and the owners pack up and only to find out the wholesaler cant close and the owners had no idea they were lied to about who was going to buy the house.. both these scenerios suck.

Some factors affecting costs are: - how small the units are - a 1500 sq ft house will be much more per sq ft vs. a 2500 sq ft house, similar to (10) 1 bed units will be much more per sq ft than (10) 3 bed units because the more you stuff into a smaller box, the cost per foot goes up, and you still have the same costs of a kitchen, hvac, foundation, etc. but you're spreading those same costs across much less square footage.

I’ve learned a lot from Bigger Pockets, first time posting:I’d love to get some feedback on where to go from my current position.Background: we own two houses on a single lot in a residential neighborhood.