I believe I have a lot to offer a buyer client with their search.

We would call the CFPB for clarification on what was/wasn’t allowed for advertising and they would refuse to answer, but would give us $10,000+ dollar fines if we guessed it wrong (@mortgagenmore).”On Taxes, is the 1031 Exchange still Legal?

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

Probably time I offer some insight here...Quick background... 

I like your idea of offering something that others don't have, for example, office space.

That you wisely build in the costs for replacement linens and towels (also offer black face towels), possibly don't use high-end top-down shades in the Bunk Room (although those black out shades match all the shades in the rest of the house and it's a high-end property), chalk can be brushed, semi-gloss on walls for easier clean-up... and yes, there are clear check-out directions to run the dishwasher provided via an online guest book, a physical guest book, and an email I send regarding check-out the day before they check-out.

It tends to be the sweet spot in Detroit today because it offers the best risk-adjusted cash flow.

This might help you get a bit of breathing room to address the bigger maintenance issues you mentioned, like the garage roof and leaning trees.It’s also important to find a support system, whether it’s other landlords who understand what you’re going through or a mentor who can offer advice and encouragement.

I found a house with an ADU (coach house) that is legal.

Then afterwards we make a plan based on potentially necessary renovations and decide together if I should make an offer.