Mid-term rentals to traveling nurses or other healthcare professionals could be a lucrative niche for your househacking strategy. 

Have you ever made an insurance claim?

As a first buyer not looking for a strategy or return?

From a liability standpoint it's a pretty clear case of an alter ego entity structure which any good attorney will be able to fight through and will add a redundant layer of insurance you have to pay for.

I'd like to talk with you about that some time, and the kind of insurance you do.

Hi, I'm a new REI guy in SLC (attorney by day).I like house hacking, costseg, STR, and BRRRR strategies, and I'm trying to combine all of them into my next deal.I basically want to create a new built, from scratch, on the outskirts of town, that was built to be a rooming house for house hacking and then, after one year, can be converted to AirBnB for costseg bonus depreciation.I'm looking for an agent/realtor/builder/expert who can sit with me on a Zoom call for 10-15 minutes think this out and brainstorm.

Anybody involved here in BRRRR strategy and willing to help a new investor. i would greatly appreciate that.

Here are the numbers, so you can see what I mean.The numbers are the following: 359,900.00 sales price (purchased Dec 2015) 89,975.00 down payment (25%) 10,000.00 closing cost (estimate - I don’t remember the exact figure) 7,000.00 required rehab (estimate - I don’t remember the exact figure) 106,975.00 Cash invested 3,900.00 Rental Income (actual figures) 150.00 Parking Income (actual figures) 4,050.00 Total Inflows (400.00) Utilities (250.00) repair budget (not an actual outflow, yet) (2,200.00) Mortgage (Includes insurance, taxes, and P&I) 1,200.00 Operating Inflows 14,400.00 Yearly inflow 13.46% ROI If I were to use the 50% rule I would have discarded the property. 

If having roommates is not an option, you could still utilize this strategy with a small multi-family property.Alternatively, a 2BD MTR might be the sweet spot for you. 

Most landlords in Milwaukee own less than 5 units and it is not a big focus in their lives, they are not on BP, they don't belong to the RPA etcIronically, for a couple bucks you can get a court-tested lease from Wisconsin Legal Blank or from the WRA.Court rulings like this also mean that it will make the market tighter for tenants as landlords are driven more and more into defensive strategies.