From there, it's a normal loan.  

This being said you can still screen the tenant like you normally do a market rent tenant, and you should.

While you will immediately benefit from saving on living costs by living there, you need to make sure it will cashflow like a normal investment property once you leave the property.

I've done my research on modular homes and now know that they appraise and appreciate just like normal homes because the only difference is they are built indoors to save costs and be quicker.

@Taylor Campbell Normally when someone borrows money to buy real estate, there is a mortgage (in some states this is called a deed of trust but essentially the same  thing) A mortgage is the document that makes the house security for the loan.

When I asked him why wouldn’t they just stay at MGM like a normal person, he said there’s this group of people who prefer the privacy of a non-commercial property lease.

Normally you file with the police but need name, date of birth, address. 

I was getting at REIT ownership is in dividend paying shares of stock ownership in companies that normally own a portfolio of properties whereas in (non-fund) syndications you usually own an interest in an entity which directly owns one property and your interest is reflected in a K-1 which is part of your tax return. 

Hi everyone, For those of you that take draws or distributions from your rental property's income, how do you normally calculate it? 

I'm not sure on that though, since she's a business customer vs a normal "general public" customer.If it does fall under ADA, ESAs (ie, for "anxiety") wouldn't qualify.