I have made a few claims, so it’s definitely been helpful to have the higher limits.

This means they could be pursued for repayment or potentially face legal action to recover the lender's losses.

Is there anyone who can advise me about the zoning law and permits that i need?I am thinking to convert this home into multiple rooms which has its own bathroom and mini kitchen if it is feasible.I appreciate it in ad...

I have been researching and learning the Lubbock market and it seems that 1-1.5% is definitely achievable, even off MLS properties.

Consult with experts, such as real estate agents, financial advisors, lawyers, and tax professionals, to help you navigate the investment process and meet all legal and financial obligations.Good luck!

Mid-Term Rentals are generally the same concerns as STR, but you could argue less potential vacancy and if the property is subject to rent control, it is a potential legal workaround. 

Thanks Matt, I will definitely give Jason a call. 

I would definitely talk to your CPA and RE attorney to get more clarification and to see if it makes sense for you.

Price is definitely a factor but if you think it's comparable to what's out there, I would try the photo change first.

Even trying to do the BRRRR is hard and takes a lot more work to find the right deal. unless i do the work myself which i am willing to.I am young and quite new to the REI space but for the last several years i have consumed RE knowledge daily thru a couple trusted sources. i understand what im trying to do is definitely no easy task but with immigrant parents i was raised to work hard so i will adapt to whatever is necessary.