That way you provide home ownership options along with rental options. 

The HOA in which the unit I am purchasing provided their HO-6 policy to our lender and our lender is questioning the following as it appears on the policy:Special FormReplacement Cost (Actual Cash Value on Roofs)The verbiage in parentheses is the one causing the hold and need for clarification.

With over 20 years of experience in real estate and having navigated various transaction types, I'd be happy to provide more personalized advice on managing such investments effectively.

I basically try to adapt and work with whatever the market is providing me..

I appreciate time and efforts of Kim, Adam, and Ryan to provide such clear and informative answers!

It's crucial to have someone who can provide proactive guidance and help navigate the tax implications of decisions as they arise.

I will need a lender to provide the money for repairs, then I can refinance and rent.

Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.

Profitability can also be enhanced on a sale (sometimes) if we choose to provide owner financing or wrap financing.  

Since the goal is that everyone is successfully housed, residents can stay in the community forever, if they want to, she said.There are 47 fully furnished one-bedroom units and five two-bedroom units meant to provide a place where women can reunite with their children.