They shouldn't get a cut of the sales profit.Loans on houses you're living in are subject to more regulation than pure fix and flips.

Lessee acts as property manager, supplying only the service it needs, at cost, without markup.

The first time, I did expense basic office supplies (printer, letter head, etc) and even an education seminar.

Find a bank that fits your criteria bc as regulated as things are, different lenders look at rental income differently.

The lender will make them have a property management company oversee the operation, to make sure they comply with the rules and regulations.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.

You'll always have a supply of possible renters around the Rutgers campus however unless you have experience in working with students perhaps this is not the best way to start off because they can present more challenges than a normal tenancy.

There are many regulations and codes specifying minimum load requirements that were not seen back then.

Looks like requests for public comments end today on regulators deciding whether private flood insurance can meet the mortgage requirement for flood insurance.

Rather, depending on the volume released and when, supply may increase JUST enough to meet the demand, which would result in balance and steady price increases.I prepared to enter the market by way of SFR or multifamily with owner occupied financing (VA of FHA) with as little money out of pocket as possible.