Predictions about the housing market are perhaps second only to predictions about the stock market in popularity, and you can therefore expect a high ratio of frauds in the mix of self-appointed oracles.

It’s unlikely I’ll allow this flexibility in the future as the only reason i did this time was due to the pandemic but I’ll do that if this situation arises in the future.

Cozy is a popular one but there are plenty of others if you look around.

They are very popular, but obviously with a very niche market.

If so, it sounds like you already have a good one if it's cash flowing great now, you've paid down the loan significantly and you know it's in a popular area.

The "preferred equity" structure is becoming popular.

Contrary to popular belief, Cap rate is not a direct indicator of your return and it is not, on its own, an indicator of a good or bad deal.It is much more accurate to compare cash on cash return and IRR.

If anyone is interested, I'm happy to assign an option should the situation arise.

I value any input or opportunities that may arise from this community, and I look forward to building experience and connections in real estate investing with Bigger Pockets!

The downsides are that if new challenges arise during (1) combining Tax IDs and (2) refinancing, I will be stuck.