If I buy a house for 150k, put 20k into it, and it's worth 220k - I've just picked up 50k equity on paper.

I have a current tenant who would like to buy a rental house he's leasing.

The cleaner and more cooperative they are the quicker we can sell or lease the house.

I am the sole owner of our house.

If it's low-income housing, it typically involves higher risk, but if you have good, trustworthy tenants, the hassle of changing locks might not be worthwhile.

Which is the best, relatively safe Philly neighborhood for finding a potentially cash-flowing small MF (3 to 4 units)? Can’t be more than four units because I will be purchasing via a VA loan. (I know I will need to l...

They definitely have overlays but they keep all of the loans in house including owner occupant mortgages.

Median Price: $699,900, +7.68% Yoy.Closed Sales: 4,105, 7.55% Yoy.YTD Closed Sales: 17,109, -0.50% Yoy.Inventory: 6,121, +34.14% Yoy.YTD Inventory: 27,419, -6.69% Yoy.New Listings: 5,203, 8.67% Yoy.YTD New Listing...

People even rent out basement apartments in their own house.

Plus every time the house sells you start that amortization schedule over and you're on the "winning" side of the payments from the new owner so to speak.Obviously this only works when you've got low payments yourself or you manage to increase the value of the home significantly, but is there anything else I should be looking out for here?