I am interested in a single-family home to start off.

Personally, I started in a market close to me as I wanted to do rentals so until I got my process down, I didn't want to venture too far from home.

We purchased the home on 9/16/2022 for $175,000, invested $40,800 in renovations, and sold it for $305,000 on 12/9/2022.

Sale price: $496,900 New Construction Single Family Home finished in earlier 2024.

Need some help evaluating rentability of my condo (current primary home): 2Bed2Bath condo in Burlington, MA.

This investment is giving you TERRIBLE returns.If working remotely, could you sell your home and move to another state? 

The short term rentals are a lot more work than the mid term rentals but it is a nice mix.Since we are sharing our home, we have a home sharing agreement that our guest signs for the mid term rentals.

I've checked references and visited their work on other homes but am still agonizing over this decision.

The good news is that Fannie Mae and Freddie Mac recently relaxed underwriting guidelines to allow for it.i recommend checking out Freddie Mac's Home Possible and Fannie Mae's HomeReady program.Outside of that, working with a mortgage broker can also help you shop around for lenders that allow for boarder income.Good luck!

Generally speaking, we would encourage you to screen your tenants - whether they are section 8 or not.We would encourage you to collect a deposit - whether they are section 8 or not.A tenant can certainly be a "good" tenant or a "bad" tenant - whether they are section 8 or not.Now, if you are targeting lower valued homes...there are "pros" and "cons" to doing that - whether you are renting to section 8 or not.