@Ricardo TorresRegardless of how a loan is listed/structured - if you are collecting income/revenue - It needs to be reported on your return.If a property is converted from a primary residence to a rental - you get to start writing off expenses against your income.There might also be a window before you can do a 1031 exchange.Best of luck

/revenue/trustee-office/) also here is the GIS map for the properties: St Louis Trustee SalesHow did you choose what to bid on the property based on the instructions they put out.

If you don’t do that stuff well, your revenues are much lower and much more at risk to supply increases and demand drops.2.

.- The biggest tree house I have ever seen in the back yard.We decided not to make an offer because I was pretty sure it was a meth house.

Biggest issue is probably fire sprinklers - many towns require them for conversion to a 3 family. 

The biggest thing is to have super clear expectations written out ahead of time to avoid and falling out or resentment during the transaction, make sure you and your partners have the same vision for the investment, and make sure you trust your partners.

I really want to turn those properties into Airbnb listings due to promising ROI and no HOA restrictions … The biggest challenge for me is to hire someone on the ground to set it up and coordinate with vendors, for example running errands to pick up the keys from my agent, purchase / receive / assembly furniture, installing smart lock so I can have full control over my property remotely..

Besides losing all that revenue waiting for the house to be built.

They don't share this revenue with the owner. 

I did this to free up the FHA loan with intentions on using it again to house hack a more expensive four-plex.My biggest problem has been finding a four-plex for sale in an area where I could move into that would not be any further away from where I work (already an hour drive each way).