Would it make sense for you to live somewhere else and rent all 3 units to maximize the income on the property to eliminate your debt?

That said, through conversations with brokers in the area (and evidenced in the comps I’ve created) I’ve learned that this strategy may be slightly outdated as most properties are currently at market rents given the current rental environment, expenses aren’t a realistic lever to rely on to add value, and there is a real risk I get priced out of the market by buyers with cash, 1031 exchanges, and with longer term hold strategies willing to pay an extra $10-20k per key.

yes. probably, but I rather have my own place than pay rent. i got it for my budget, $150k. had two tenants in it already. i live on the other side.  

I also live in CA and have no desire to buy anything here so all of my investments are out of state.

I make my living as a residentialremodeling contractor and fill in the work gaps with company fix &flips.

We first and foremost wanted a home to live in!

Upselling: Simply put: our coaching, educational materials, access to teams on the ground, lenders, and daily live webinar calls are all included from the start and there is no conventional “upselling” that is required to receive that value.Secret: I used to think that none of this was “that complicated” as you mentioned, but then when we started FlipSystem I realized just how lost so many newer investors are.

We have a situation where my in-laws will be living with us temporarily.

My name is Grace K, and I live in Woodbury, MN.

I told them I wanted more privacy and that it felt like I was living in a fish bowl.