If I would have bought a sustained portfolio with multiple units rather than starting with a single purchase I truly believe I would have lost a lot of money while my systems flailed rapidly attempting to catch up. 

Even so, you will likely be asked to verify you are living there via utility bill or multiple letters from 3rd parties.Cheers!

Recently one of my clients purchased a $120k single family house and is currently renting it out for $1550/mo.

The above rate will either be NNN or you need to estimate insurance, property tax and utilities and deduct.  

Whether it’s reconfiguring layouts, adding square footage, or converting single-family homes into multi-unit rentals, the goal is to unlock value where others don’t see it.Distressed properties aren’t for everyone, but for those willing to put in the work, they offer some of the best returns in real estate. 

Found out today the sewer line is in need of repair.This is an OLD single wide trailer.

That single photo not only improved their CTR but also landed them in the “Cozy Getaways” category.Here are a few extra ideas I’ve seen work well:Seasonal Themes for Your Wow ShotHighlighting your property’s standout feature while keeping it seasonally relevant works wonders.

I would love to see how you have utilized the system for investing.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

I just want to get into a deal so i can immediately utilize this experience.