He talked about how the average cost of assisted living is 74,000 per year for a single resident in a normal home.

My wife is an amazing decorator and we are toying with the idea of leaving all furniture/ammenities in the house and renting to mid-term renters (people relocating needing a place while they get settled, healthcare providers doing residencies etc..)...I'd really appreciate any feedback from anyone who has experience with this..ideas on advertising, pricing rents, contracts etc....thanks in advanceBrian

The work required is very little.This is y first BRRRR, as my other units were previous primary residences.

As a resident of New York for many years I will, with enormous difficulty and restraint, refrain from making any comments about the Highway State here.Now to some more of the helpful part:I am reasonably certain the landlord's post-contract stipulation is, as you are certain, illegal.

Also consider, if you have the interest/knack, etc - look into possibly house hacking and/or buying a multi family residence and renting out part of it!

I feel like a lot of the buyers are not looking to buy as primary residence home but as vacation home or rental investment.... meaning vacant home  can have squatters and home are not managed close-by and must use managment company that you can trust but could be un-reliable or reliable. 

Here is my current situation...I have approx $100k in equity in my primary residence.

Just completed a large remodel on my primary residence ($90k in) with the goal of refinancing to consolidate some personal debt and pull some additional cash for other real estate related projects, BUT ran into a road block with a lender.

As one of the larger multi-family lenders in the city, a great deal of my clients are 2-4unit buyers/owners....many of them being primary residence purchases taking the "house-hacking" angle. 

From what I understand, I should be ok if I list the property as "xxx and yyy, trustees of the trust, as MY sole and separate property",  then the ownership still stays with me and my social security number, even though it resides within the trust.