I like the idea of short/mid term rentals more then the long term...one big reason is not having to move all of his stuff...or at least being able to take my time.

Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of $75k asduplex is built.

Just do it for one year, and you will see results fast.The issue is when you pick one strategy, then a month later, you want to change, then 3 months later you want to do something else, then 2 years later you have not done a deal yetin my journey, I was broke, so I started wholesaling, then I expanded to Fix and Flips, then to rentals, then owner financing and notes and commercial properties.

Talk to the city to see what is needed for a suite and then go through the check list.for tenants, I'm not sure I would have rented a basement suite to a family of 7-that's asking for trouble giving the size of the space.

I am not tolerating this behavior and am going to Non-Renew and then if necessary evict.

Then there is the fact that there is no kitchen.

The guest can then accept or deny request.

Hey, heres an idea, tell your kids ds to stop picking at the paint and eating it ,then screaming lead posing and try getting a pay day.  

Then the other wants to purse the BRRRR strategy with a long term tenant. 

The numbers and landlord laws out here made sense then, and they still do today.