With hundreds of rentals under management, it is extremely rare that I let a tenant do work.

Calling all short-term rental experts and content lovers!

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

Hi, would love some input/advice on this scenario:  I currently live in the Bay Area, and have a single family rental in Merced, CA that I believe has a slow appreciation: bought for $170k in 2005 & its now worth about $400k.

They are asking us to help them sell and/or convert them into a rental.

Specifically high end luxury rentals downtown.

I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot rent the whole house out).

we plan to use on our rental this next month to help get a detailed Floorplan for future updates.

For example, if the negotiated TI allowance is $20 per square foot, and the leased space is 1,000 square feet, the total TI allowance would be:TI Allowance = $20/sq ft \times 1,000 sq ft = $20,000Lease Term Consideration:Longer lease terms (such as 5 years or more) can sometimes result in a higher TI allowance because it provides the landlord with stability and longer-term rental income.Special Considerations:In some cases, TI allowances may be structured differently, such as a lump sum payment upfront or spread out over the lease term.

If I'm following this correctly, the 1st issue I see is that you have an "active" business (consulting) versus a "passive" business (the rental property, assuming you don't do hands on management, etc.)...this would be a separating line for many people I've talked to about this.