Before committing to something like this, I would want to get an idea of what their income is.

Second, They ask for a commitment fee, just run at that point!

Tenant just invested over $1M in renovation which shows commitment.

My wife and I have made a commitment to “do something nice” and will be utilizing our local housing authority in MA to give a section 8 tenant a quality place to live...while giving us a retirement income.

It does make sense if you are fully committed and want to grow it larger but running it around that amount per year there are better options.

NYC) with low cap rates, the numbers to house hack don't make sense and you're looking at what is left of the mortgage payment after your renters' paying being higher than renting a similar apartment. in fact, many properties in NYC are hard to be cash flow positive even when financing with 20% down and not living there (because people bank on appreciation)there is a lot of freedom to renting. a house hack is a commitment to continue to own and manage the property for quite some time regardless of whether you want to stay living there after the minimum time.

The overall opinion of this group is he did not commit an Ethics violation.   

Hello! Need advice!
We recently decided to make an offer on a house and dropped the contingency of needing to sell ours. We did this because we wouldn’t have gotten this house with the contingency (was initially decl...

If they're not, I flag the issue for my buyer clients and raise it right away with the listing agent.If the listing agent indicated that the units are permitted, he may have committed fraud.

When you finally have the courage to admit your life isn't going where you want it to go - and you're committed to do something about it, great things happen.