Prices are high and with Hawaii STR taxes it's a lot tougher than first glance.

With interest rates being so high, I'm kind of stuck in my primary residence, unless I REALLY want to stretch things to only get into a slightly bigger home. 

High cash flow high value add Lessons learned?

So far I haven't had any issues with these tenants - they're either high income earners or long term tenants who take care of the units.

This is a great example of how trying to avoid taxes can lead to a sub-optimal return. 

I recently graduated college - paid for by the houses my parents were flipping while I was off studying - and wanted to find a modest way to give back what I could.To do this, I'm making a tool that lets them scan their receipts and it will automatically upload it to a pre-formatted Google Sheet that they can keep for each property to track expenses and eventually other metrics like returns etc...

Ensure the DSCR calculations work with the high LTV and your credit score, especially if the lender won't use MTR or STR income.Lender Criteria: Some lenders won't work with new operators, some only use market rent, and others will use STR estimates or income statements from property managers with similar properties.I hop the bullet points make it easier to understand.

Hello Robert, the square footage of the homes we're identifying allows the conversion into a duplex (typically 1,600 ft or greater) and the return on investment is much higher than constructing an ADU.

OR if you want rentals simply connect with those that provide them, LI is NOT the place to do it, too expensive and little to know return, you're lucky if you get 4% net .

Getting a mortgage without a job will be near impossible without going with an alternative loan product that will come with a high down payment and high interest, which is not the "househacking" way.