Explore financing options, such as traditional mortgages, FHA loans, or other types of financing.

Private lending/tax liens/notes...

Anand- a friend of mine is a mortgage broker with a lot of investor experience.

It lets you get into real estate with minimal down, you can build equity in a property while your tenant in the other unit helps pay down the mortgage, and if done correctly reduces your monthly living expense. 

I started last year as a private money lender in April and bought my first investment property in August.

depending on the amount we're talking about, have you looked into using a true private lender for this one?

Does your local board of health, building and zoning departments allow hair salon businesses to be run out of private homes? 

TT helps, but I always end up making a lot of adjustments and corrections as TT is far from fool-proof when you have rentals and private placement securities (syndications).

If my net income (rents- expenses and mortgage) is below $0 do I still have to file in Oklahoma? 

I just need to know if it's a bad idea to hold onto your house if the rent will only cover mortgage or possibly be lower than your mortgage cost.