Howdy Everyone, I just put a 4-bedroom, 3-full-bath new-build home under contract in Bryan, Texas, using a VA loan.

Feel free to breeze through it: https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...As for Rent by the Room - it just means you can get more for your place by number of bedrooms.

We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

You can also double hack these if you have enough units and live in one unit and use one unit for your business, but of course that decreases your cash flow but increases your usability.You can also use an FHA loan to get a mixed-use property with only 3.5% down if the residential square footage if more than 50% of the total square footage.

Not when I can build a home and 9 months later sell it and make 100k even after tax thats 60k and basically a double your COC so rentals at small deltas just dont really do it for us except tax breaks but I dont like to let the tax dog wag the tail.

When I had arrived I found out that this guy had one truck, his own personal vehicle that doubled as his work vehicle.. and some personal tools.

Take a single, don't try to stretch it for a double or triple when you aren't that fast.

They are not cheap by any means (expect double digit interest rates) but they are available. 

In Florida, hold over tenants can legally be charged double rents, that is FL state law.

It’s only a 2 Bed/1 Bath, but it’s 1,450 square feet with a laundry room (which could be turned into a 3rd bedroom), has a bonus sunroom, and 2-car garage.