It’s a great way to start building equity while offsetting living costs, and programs like FHA loans can make it easier to get in with a lower down payment.Since your parents are open to diversifying into real estate, that could be a big advantage, especially with the equity they have tied up in their property.

I could envision them refusing to disburse funds until the LLC is reinstated.There may be a way to transfer ownership of the account, but it is probably just easier to move the money.

Hi fellow BP fans,Considering mid-term rentals (MTR) for my single-family home (near two hospitals, targeting traveling nurses/doctors).

Im targeting a multifamily purchase but seller must be willing to seller finance at least 20%

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It's easier to eat local produce year round and eat a healthier diet overall. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Oh well.However, if it does come back, what I found was that creating the optional "Individual" FinCEN ID makes things a lot easier. 

Easier to predict expenses - typically no major repairs unless from association3.

This is after factoring in all expenses, including taxes, insurance, vacancy, management fees, maintenance, and utilities (gas, electric, water, sewer, and garbage).Regarding cap rates, I typically target between 15-18% as a minimum for a deal to make sense.