I get contacted every now and then by a person wanting a corporate rental meaning that they are just brokering my space to third parties for mid term stays.

The only way it would make sense is if you use the HELOC to convert your garage into an ADU for the steady income or buy out of state rentals "cash".

Hey Alex,My name is Jagjit, and just like you I'm new to both RE investing and Biggerpockets.My plan is to start with multifamilies and I've talked to a couple of RE agents so far, and the conclusion I have is, in this high Interest rate market, its very difficult to find a cash-flow positive deal. 

.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!

The initial effect on mortgage rates was a subtle increase in long term bond yields, however in comparison to earlier this summer residential and commercial mortgage rates are down considerably.For example commercial lenders were in the 7%++ range just a few months ago, and recently are as low as 5.5%-6% and falling.

And how do you weigh these against interest rates or terms?

What insurance company do you know covers short term rental by the room for a single family house?

Either can work in the long-term, but if I had to do it over again at 23, I would suggest a 2-4 unit that demonstrates the ability to cash flow assuming all units are rented.

When asking for references from a prospect tenant, what is it the prospect tenant should provide in terms of information ?

My plan is to spend the next year saving up for a down payment and educating myself.My question is this (thanks for staying with me this long!)