To the nuts and bolt question of what defines occupancy, it is the place you reside and spend the majority of your time/nights.

Is that amount worth risking at this time potentially having to pay from your primary residence?

out of state is more difficult than advertised. do you already own a primary residence? 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

So everything hinges on appreciation, which could come back with inflation.Primary residences are often not good rental assets.

Hey @Guan Hong Guo - yes combined income *assuming* all adults are on the lease (as they should be if they're residing in your property).

The resident pays the second month on time and then, and only then, do they get the concession.If the market is soft, and we are having trouble renting, before we consider concessions, we look at the product, the marketing, and lastly the price.

Basically, you can't STR an entire home here, or even an ADU, and can only STR out a portion of a home that you reside in.

Owner financing and HELOC on personal residence How did you add value to the deal?