Our lease also clearly states that every occupant must be listed on the lease and they are all equally and severally liable so that if 1 of the 3 doesn't pay rent, or just abruptly moves out, the other 2 are still fully responsible for all terms of the lease. 

Can refi an existing mortgage to a shorter term “Mini Mortgage.”

You have 3 long-term rentals.

House hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.

These are the operators I will not invest with again.Syndication investments are long term, illiquid investments that are completely out of your control.  

When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...

@Jorge Zea @Brian PulaskiHow do you go about dealing with the contract and negotiations when not using a realtor?

Do you have any that you have used in Davidson County, TN or Marion County, IN - I tried googling (albeit shortly) and nothing immediately popped up.

It was interesting in terms of how a good lawyer can get past an LLC. 

Before pulling the trigger, take a step back and reassess your long-term goals.