I would take it a step further if you can and join a Mastermind group, cost is fairly low, but you get so much knowledge and meet so many investors that are doing all sorts of deals.

If you need some guidance or advice, feel free to connect with me. 

Be careful using a conventional loan because you may not be able to use the rental income like the example above if you do not have a current housing expense (live rent free).

And feel free to reach out if you want to more about Reno.

Need to work with someone with a strong knowledge of the zoning laws in the area.Best

@Jesi Naomi Hi Jessi, I’m not sure about the question about a bank closing your credit card maybe someone more knowledgeable will chime in.

Depending on how you set it up, it won't reduce your earned income, but there may be benefits to making the rent itself tax-free for many years or at least reduced (assuming you never recapture depreciation).

Subject to seems to be more ideal to avoid any confusion over ownership, but it sounds like a pretty involved process that could cost time and money (whereas the other approach is free and simple).Any insights/advice would be appreciated!

One of the groups viewing our house let their children have free range in our home.

Hello, I know this site can help me expand my knowledge of the Real Estate world.