For the traveling nurses, the primary factor is reduced cost.

Usually you can add additional support and fix this problem but I did run into one house where there was a single center support running through the middle of the house that was entirely rotted and the only way to get a new support of the appropriate length in would have been to take out a portion of the basement and first floor walls.

All of which has helped me reduce my taxable income resulting in me getting $$$ tax returns (which i don't hate)Last week i received a text from MJRESOLVES (never heard of them).

Additionally, my area has an abundance of 4-family properties in those in-between areas where a would-be house hacker can benefit from the four rental income streams (instead of just two if they bought a duplex) in order to help stay within the DTI requirements. 

FINANCIAL CONTRIBUTIONS:1.1 Party 1 Responsibilities:Party 1 shall contribute to the partnership for the down payment, closing costs, and construction costs for renovations and additions.1.2 Party 2 Responsibilities:Party 2 shall independently pay the mortgage until both properties are rented, oversee construction and renovation, manage both rentals, and handle bookkeeping during construction.2.

Debt if used responsibly is a valuable tool but to say debt will always multiply returns is the wrong message to spread in these forums where there's a ton of readers who are inexperienced investors and will fall for the trap of following your flawed approach to originating debt.If you need additional help understanding how debt works in real estate, please send me a DM and I would be happy to help you out.

Most times the water usage drop is significant and the residents are much more likely to notify you when they have a leaking toilet etc.We've also found that the expenses for the material and install is often recovered within two years or less.Sometimes we need to reduce the rent by $20-30 less than what we would otherwise be able to rent it for, but in some cases, it doesn’t affect the rent at all.

If you don't get any additional feedback, you should be able to call the City of Phoenix Planning Dept and assess the overall process, timeline, fees, and feasibility fairly easily.

The idea of having a cash flowing portfolio large enough to reduce or even fully step away from my regular work is obviously very attractive, but as a total beginner I don't want to set my sights too high without first gaining some experience in REI.

Penalties:Misdemeanor of the first degree: This can result in a maximum imprisonment of one year and a fine of up to $1,000.Civil penalties: You may also face additional civil penalties depending on the specific circumstances.Permitting issues: Local permitting authorities might withhold final approval, revoke the permit, or pursue other actions against you, maybe not give you the CO.