Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years

Two main reasons being: (1) debt does not increase your basis in an S Corp, which means your losses get limited.

The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.

Though I expect that to increase in the future when more ADUs are constructed.

In addition we do not accept any applications for longer move in than the remainder of the current month and the next month (so if tenant is unable to move in by march 1, they cannot apply until feb 1 as we are unwilling to go longer than that without rent and will hold another open house).S8 needs to streamline their process if they want to increase their housing options.Best wishes

Now that you know this little secret (that most don’t), you can make informed decisions when it comes to increasing rents for new leases and renewals.

If you no longer wish to renew your subscription, you can turn off auto-renew at any time.It's an annoying increase, but I get it.

If privacy is a concern with young kids at home, you might look for properties with separate entrances or a layout that keeps your space distinct.You mentioned having substantial equity in your home, which is a great resource.

That sounds like a lot of work and I'm sure he would prefer to avoid that work and just sell it for $1.9m or $2.0m.if I were to buy it from him, to get to cash flow neutral I would need to increase rent on all 6 units to market rates and my monthly payment would need to be close to $6.2k/month, which would be $100k down payment, $1.7m loan with seller financing at 2% interest rate and flexible ballon payment.What would you do if you were me? 

Borrower has the 3% loan in place for the duration, and 14% investor can be paid off with increased rent in say 18 months.