I don't recommend you knowingly take out an owner-occupant mortgage with no intention of honoring that clause, but I know many people that do it, and have never met anyone that got caught.The moral being: while I am sure you can do all those things you are asking about, I, personally, don't see why you would go through the trouble and costs, when you don't need to to get mortgage on the multi.

Upcharge for spa boxes, maybe a massage or concierge services, etc...Those marketing strategies will boost your bookings and top line revenue, plus make you more memorable. 

While forced appreciation—that is, renovating buildings to raise their value—is the main method of extracting wealth in the BRRRR approach, long-term property appreciation can also boost total returns on investment.Financing Options: To finance the purchase and renovation of properties, investigate the availability of financing options such as hard money loans, private lenders, and traditional mortgages.

Indeed, California, aside from being overpriced, isn't warm enough in the winter so Mexico's Pacific coast has very little competition.Mind you, Mexico's Pacific coast doesn't need a sargassum boost to do well.

That should help boost your lead flow.

I feel compelled to reiterate that my dealings with Flip System in Detroit have been incredibly stressful, leaving me to face significant financial repercussions.It's disheartening that Antoinne has ignored my numerous emails detailing the issues I encountered, yet he reappears on these forums to invite me to boost his credibility in my own properties, presumably to enhance his reputation.

On the other hand, I could price competitively during the off season and hopefully get a boost from being a new listing.Interested to hear thoughts!

That trend stopped after the 70's but manufactured housing was a major contributor towards creating stable affordable housing.If we want to tackle our housing shortage we need to get serious about it.Here is a quick summary of the HUD changes: HUD Actions for Manufactured Homes and Communities:HUD announces a comprehensive set of actions to increase availability and affordability of manufactured homes.These actions are part of the Biden-Harris Administration's Housing Supply Action Plan.Manufactured housing is a key component in the strategy to boost housing supply and reduce costs.Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program:HUD launches the PRICE Program, a $225 million competitive grant opportunity.The program aims to preserve and revitalize manufactured housing and communities.Funding supports repairs, rehabilitation, replacement of units, infrastructure upgrades, and community resilience.Available to states, local jurisdictions, tribes, nonprofits, community development finance institutions, and other eligible entities.FHA Draft Policy for Manufactured Home Communities:FHA posts a draft policy to solicit public feedback.The policy aims to promote stability and affordability for individuals and families in existing manufactured home communities.Allows resident-owned cooperatives and mission-oriented borrowers to access FHA-insured financing for purchasing or refinancing.Updates to FHA's Title I Manufactured Home Loan Program:HUD announces updates to FHA's Title I Manufactured Home Loan Program.New methodologies for calculating loan limits to align with current market pricing.Expects the new loan limits to incentivize more lenders to participate and expand program usage by buyers of manufactured housing.Annual Recalculation of Title I Loan Program Limits:FHA will recalculate Title I loan limits annually to keep pace with home price changes over time.This ensures that the loan limits remain aligned with market conditions.Ginnie Mae's Title I Loan Securitization Program:Ginnie Mae takes steps to reinvigorate its Title I Loan Securitization program.Revisions to financial eligibility requirements for Title I Issuers to reduce barriers and increase lender participation.HUD's Ongoing Support for Manufactured Housing:These actions build on HUD's continuous efforts to support manufactured housing.Earlier actions include a proposed rule for the Community Development Block Grant (CDBG) program emphasizing the needs of manufactured housing communities.Recent Updates to CDBG Notice:HUD updated the CDBG in Support of Housing Activities notice to allow the use of funds for acquisition of manufactured housing units, services to homeowners, and investments in infrastructure and resilience for manufactured housing communities.

They may boost the value of the property and make more money when they sell or rent it by taking on the job themselves or by picking up new skills.Constant Learning and Adaptation: Investors frequently improve their ability to see opportunities and overcome obstacles as they acquire expertise and expand their portfolio.

This thread is borderline comical.The moral is: if you don't know real estate, it is risky to invest directly and it is risky to invest passively.