Looking for a multi family ideally.

I will be working a full time job along with starting my real estate journey, so ideally the least amount of required time possible would be the best!

We were trying to sell our first flip but with COVID the buyer segment best suited for the house disappeared.

The second floor was converted into an inlaw suite by adding a tiny kitchenette and exterior door with steel stairs.

Make sure you get the best qualified and a tenant that will fit with your ideals.

I don't really need the cash, so avoiding taxes for a few year's worth of transactions would be ideal before making any draws. 

With Business purpose asset based investor loans the ideal situation is high fico score, low ltv and good location and then yes all day long we can fund this with no income verification on 30 year fixed rate mortgages.

Tenants leading him right down there is not ideal but the building department/inspector does have a right o inspect any homes where they have justifiable cause or safety or heath concerns. 

Market it for your ideal of $1200 and see what happens.

Its to improve a house into a cash flowing rental, not every deal is suited for that.