Hello everyone, I now live in Manhattan and own one rental property here.

If you're going to live in it for a bit and fix it up you can adjust accordingly.

Now to the bad news: it is REALLY hard to be a 20yo real estate agent and make a living wage, let alone generate cash for a down payment.

If she is worried about her gas bill, she apparently can't afford to live in this unit.

I think this arrangement can suit both parties, he wasnt going to be able to keep the house but can still live there for super cheap.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

I’m on the deed, not the loan for the current house I live in here in GA. 

You may also want to consider buying this as a primary and living in it for a year.

Since STR “lives” on reviews, being “right” because of the contract the guests signed might be the most expensive “right” you’ve ever experienced.So what’s left for the “wanna be” STR investor in today’s market?  

While you are willing to work with them, they are apparently happy to live rent free and don't seem to care about you.I had a long term tenant (5 years) who stopped paying the rent.