My tip?

Just be open about it with your lender and they will help you out.If you intend on managing the rental on your own, I'd recommend searching the forums for tips/tricks on dealing with renters.

The large margin of profits when developing single-family homes and duplexes is significantly more than fix and flips.

@William Trabold Will your partner be in the home?

I am looking for some advice from all the smart people on this website :)I have a family member that is offering to transfer over their home title to my wife and I.

You can use FHA 3.5% down or Fannie Mae 5% if you are talking about Multifamily home. 

The pro is that if you refinance, lenders mainly only recognize one lease per home. 

I can share tips on both single and multifamily properties, including out-of-state investing.

Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA. 

As people transition to our area, they book our place to coincide with completing construction, sale/purchase of housing, etc…so, #1 location#2, growth of the economy, influx of jobs, etc#3, don’t laugh…have your house well decorated and take pro pictures to share.