At a 5% down payment, your MIP is reduced.

Additional information about SB 192 can be found through the following link: Senate Bill 192 | 135th General Assembly | Ohio LegislatureThis content is copyright 2024 Ohio REALTORS.

These are professionals with additional training and a stricter code of ethics.

If you have good amount of equity in the property, you may be better off selling and redeploying into a few additional properties.

This is important to me since construction is super expensive here in CA, and I have a bunch of other 1031 properties I could sell to convert into the newly constructed property to reduce the loan burden after.  

In addition as you talk to contractors/tradesman they will often steer you to a solution that may not be best for you.

💸This can be a great opportunity for homeowners to host meetings, events, or short-term rentals without the burden of additional taxes.

You're a great addition to the real estate community.

MFH helps reduce vacancy expense, and you'll typically have a better ROI.

In addition, 5% to 8% each for maintenance and cap ex would be way too low in virtually every market but possibly not in high rent San Francisco.