Yep, in the enterprise and commercial space it can make sense.My mgt co s-corp rents space from a multi-use building owned by one of my commercial LLCs.I may not ask for SBA relief, but its an option.I don't see using it in a househack primary situation, though I have rented my house out for 13 days a year for a few years now.

@Jerrel Almeida still alive and kicking, just being a little more cautious these days.I know some private/hard money lenders who have stopped lending completely, at least until this all settles down and we get back to "normal", while others are still lending but discounting their ARVs by 20-30%.If you're a wholesaler, I think you'll need to start discounting your ARVs - and thus your offers - by a good amount to account for your buyers' lenders being more cautious.You might want to add at least 20% to your rehab estimates too, because it can be harder to get people to the site, harder to coordinate and things will generally take longer - e.g., it might not be possible to have more than one person working on the site at a time.I've heard from other wholesalers and agents that activity is definitely down, there are fewer buyers out there and the ones that are, are more cautious.I'm talking about investor-buyers, not retail buyers.

Make sure they either have stable jobs (unlikely) OR their parents can co-sign and have stable jobs. 2.)

My name is Tom, I work in oil and gas in Northern Colorado.

@Patrick Smith if you are 6 residents or less nothing to worry about there is a state law that trumps city ordinance on the matter.

My initial worry is that in a market like Colorado Springs the rent-to-price ratio won't be conducive to cash flowing properties, especially with very little money down.

We are looking to invest in Kansas City MO and currently reside in Colorado.

So I'm able to close right now on a co-op here in NYC and my rate lock on the mortgage expires next week. 

As far as clogged sinks and toilets, around here it is city ordinance that tenants not clog toilets and sinks!

I've had my current job for 2 1/2 yrs making 75K per year and have a clean background but before I had my current job I was unemployed for a while and ended up filing for bankruptcy causing my credit to take a huge nose dive (sub 500 range). my Question is: to avoid the credit requirement (I wouldn't be able to find a co-signer) would I be able to put an entire lease down as a security deposit and pay my rent as usual so long as my income qualified?