I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advised against doing this by a lender.

With plans calling for a 3/3 unit and 2-2/2 units and similar triplexes trading north of 750k this is a home run investment to keep in his portfolio.

In most cases, you'll need both the security deposit and the first month's rent, AND in a lot of cases (lender specific), the lease will need to be supported by the 1007/appraisal (even though Fannie says "Or").

You will usually need a license to manage other rentals, if they are over a specific number. 

I've seen a vacant lot for years and have had what I feel the perfect plan is for it.  

Every locale is specific, so beware with that.

A HELOC is powerful tool that should be used in specific situations.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

There are over 20+ enlisted CPAs assisting real estate investors nationwide with their tax planning and entity formation.

@Rania MutumheHouse hacking means turning a place into a rental space, which calls for fix-ups, planning costs, and expert help.