I'm not a big fan of mixing family and business because it can destroy relationships.My favorite recommendation is the one nobody wants to hear: work like a dog, save up, and buy things you can afford to pay for.

Yes, they have rent controlled tenants here in NYC, and our family invested in San Francisco as well, got a 3 family with a "protected tenant", and there's nothing we could do.

I'm currently house hacking (renting rooms) my current primary residence which is a single family home and has a mortgage.

In addition to what others have said, Lakewood is a city where the majority of the single family home stock is older.

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.

Hi All,I have a family friend who wants to rent a property in Colorado and I want to help them out. 

I price out many 30 year DSCR products for people, lots of times they need to take a leverage cut to make the DSCR work if it is a single family. 

Our property taxes on multi-family are capped annually at 3% max increases which help with annual tax lightning. 

Per IRS it says 27.5 years but does that assume if you are purchasing a new single family rental investment and the depreciation needs to match the deprecation of the home? 

Renting by the room allows you to maximize the rental capacity, especially for Single family.