A few people still do first and last month's rent but we quit on the last month's rent years ago and just do first and deposit.2.

I have made a post on BP before and some people have suggested a DSCR loan.

Yes, you can sell it.Sometimes Peoria will grandfather a duplex and refer to it as a "legal nonconforming" single family zoned property with duplex as permitted use.If this is the case the new owner will be able to legally and officially use it as a duplex.I have also heard of people finding an architect to declare that the house was originally built as a duplex, which would help you get it rezoned as multi-family and duplex as permitted use.PM me for more info.

Hence, they are looking at STR as business income rather than passive income.

Who can tell people how to live?

Self-Employment Tax: If flipping is your business, you may owe self-employment tax.3.

This belief led me to pursue a career in kitchen remodeling, and I am proud to run Evolution Home Improvement LLC, a business dedicated to transforming kitchens into beautiful, functional spaces across New Jersey.Over the years, I have seen firsthand how a well-designed kitchen can enhance the value and appeal of a property.

Since I don't want to hijack your thread here, I'm going to start a thread on crazy guests, lol- just so people can vent.

@Dan Bowe - The truth it, you need real life experience prior to taking other people's money.

I know a-lot of people talk about house hacking, but not always about the numbers.