Most of the time, you can purchase a property with tenants already in place, but the leases often need to expire within a certain timeframe—usually around three months—so you can establish owner occupancy.

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

Any recommendations on next steps if we were seeking to exit the relationship?

Screen tenants carefully, budget for vacancies, and keep learning with books like The House Hacking Strategy and Landlording on Autopilot.Good luck!

I’m seeking advice on where to invest my money next.

The paperwork isn't too bad, at least here in Texas.

But well done getting your foot in the door.

I think the bookshelf looks better and people will put more than books on it too if they don't have any so it will get decorated. 

Only when the owners has to pay the utilities because the units are not separately metered.

Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify