There are no classroom presentations, get-rich-quick gurus, or sales pitches.

Takeaway is having at least 1 medium term guest will yes have lower rent potential but less headache and helps stabilize income.Gross Earnings: $2,200Expenses: $75 supplies (we clean ourselves, takes 10 minutes, and it's right upstairs no biggie)PITI: $2,700We paid $800 including utilities and any little repairs needed to live here.When we move out, we expect to cashflow around $500 a month conservatively.

No, I don't buy retail.

A SFR was built in 1947 and required renovation.The 2nd parcel, which is right next to it, is an vacant land, no address associated to it.My initial thoughts are:1.Purchase this property and rent the house after minimum required updates 2.

@Michael Kaminski    There is no way around the requirement to move in within 60 days for a conventional loan and call it a primary residence to get the best rates. 

made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.

I have a rental applicant who has tax ID but no SSN.

No.

Thank you so much for that information I really appreciate the help I was told I would have to wait until the property has its own tax number I wouldn't be able to split the parcel until 2025 because no construction loan wants to be a second lean on a property is that true 

There is no max loan limit with these products.