My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House. 

There is a formula that you must follow if you want to perform, having a realtor who knows the market inside and out and practices what they preach is an absolute necessity. 

Subscribe to the local paper online, start to follow the real estate market locally.

I don't follow what you mean.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

I’ve been following Elliot from Ace Properties for a while on instagram and I’m considering buying properties from him.

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

Non conventional just means the loan will not be sold to Fannie/Freddie so they do not have to follow those rules.

I'm going to follow this to see what tips folks provide.MikeHey Mike, I am actively investing there so feel free to reach out with any questions!   

(yeah, maybe I shouldn't be broadcasting my sick twisted forms of entertainment and strategy should I)BUT, most importantly is KNOW YOUR MAO and follow the math.