I’m a bit of a nerd with an analytical streak, attempting to break out of my shell and be more social—so if you see me in real life, get ready for a nerd trying to be outgoing!

Hi Thomas, My daughter and I manage long term rentals in the Phoenix market and I can say that in the past couple of years we are seeing a trend of people doing exactly what you are considering.

Currently living in the other unit which is a 2 bed one bath.

Especially in a tenant-friendly state.I recommend looking for an attorney with a LOT of eviction experience.

I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property.

After 30 months I will have paid the loan down a little, forced appreciation, might have a little market appreciation and hopefully interest rates are lower in 30 months then they are now.

what about quit claiming the two owners onto title as tenants in common and managing the ownership through a TIC agreement?

As the Branch Manager for RBI Private Lending in Texas, I specialize in offering flexible financing solutions, including bridge loans, construction loans, multifamily financing, and DSCR loans.

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

I’ve got 30 properties and manage 300 others in Tampa, so I’ve been through a few storms myself.