•Compare your planned rent with recent lease signings, not just listed prices.

The AC is old, but I’m planning on holding off on replacing it.

Didn't she have a plan when she bought it?

There’s definitely a place for both, and I don’t blame anyone for wanting to save a few hundred bucks if all they have is a W-2 with no plans to invest or start a business.But let’s be real—life isn’t that simple.

Speak with a lender now to understand your options and start building a plan.

Similar to a checking or savings.

I’d even consider finishing the basement, just well enough for me to live down there, so I could rent out ALL the units.I’d save all my cash and look to refi the property in 1-2 years out of the FHA mortgage, so I could use it again if necessary.

Congrats on your pre-approval and your plan to make Florida your primary residence while leveraging house hacking or short-term rentals (STRs).

If it’s 4 units you’d always want the residential loan with the 30 year fixed rate, especially if you plan to live there.

@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!