I can't imagine the appraisal district taking this route if they thought it would result in less property tax dollars being paid.The four-plex is valued at $162,660 for tax purposes, and the two duplexes are valued at $67,200 and $68,050 respectively.Thanks in advance.

I've helped a couple BP clients purchase condos for this purpose and expectations were far exceeded after the peak Spring season. 

They serve a purpose, but they are incredibly misleading.

I wrote the above for informational purposes.

They also have a point of sale that really serves no purpose since most of the houses are boarded up and half burned down.

(If yes, begin to record them for training purposes)What are you using to get phone calls in?

Hey everyone,New investor here, i'm looking to purchase my first rental property and my main issues are :1-Like most places the market i'm in is very hot now, the numbers are not adding up very well and there's no way in hell to find something that will make 10+% cash on cash.2-The only "cheaper" better performing stuff will not be the beautiful brick and mortar, 4 or 6 plex, you know the one that was built for that purpose.

Not surprised your sales training by actual top performers blew out the Rich Dad fan boys.I think Rich Dad is a great book for motivational purposes (if that's the kind of stuff someone's into).

In the HOA rules it does not allow me to use my single family home for any other purpose except single family, but since the HOA is voluntary, it only applies to me if I pay into the HOA.

The requirements of the second home according to Fannie Mae are:must be occupied by the borrower for some portion of the yearis restricted to one-unit dwellingsmust be suitable for year-round occupancythe borrower must have exclusive control over the propertymust not be rental property or a timeshare arrangementIf the lender identifies rental income from the property, the loan is eligible for delivery as a second home as long as the income is not used for qualifying purposes, and all other requirements for second homes are met (including the occupancy requirement above). cannot be subject to any agreements that give a management firm control over the occupancy of the propertyHope that helps!