I had watched my mother-in-law buy a bunch of rentals, and I thought 'I really want to do that!'.

I called the mother renting the 1st-floor unit to know what was going on, and she reassured me that her daughter – in her manic episode – was the one who broke the lock on the front door.

Unfortunately mother nature has taken claim of our first BRRRR property and decided I needed to replace my roof.

Sample deal I'm in the middle of the reno on in Ventura3/2 main house, 1/1 mother in law suite, and a 1/1 detached garage conversionPurchase: $925k ($1.1 all in after reno & ADU conversion)Reno: $80k for main house, $100k for ADURents: $4k/mo for the main house, $2.5k/mo for each of the ADUs.

I ran the tenet through Zillow, everything looked great, 4x the rent, 780 credit score, veteran, single mother with two kids.

If you are dead set on needing privacy, you can find a single family home with some form of carriage house/ mother-in-law suite you can live in and rent out the rest.Earlier this year I did 6 part webinar series on house hacking in our higher interest rate environments with case studies and interviews with industry experts.

Is my mother, but I’ll get into that shortly.My mom was born and raised in Uganda, when I was 6 years old we moved to the US for the same reason many folks make that decision, for a better life.

Of course, Mother Nature is always a worry but having a bunch of family in FL we realize the risks and rewards of beach living!

Secondly because I want to be able to take care of my mother, and my future children, so that they never have to go through things like my family and I did when I was younger.

We have some cheap areas in the city of Milwaukee that get a lot of attention from OOS investors, you might call it fools gold and local investor know to stay clear.Delinquent rent is not the biggest concern for me personally, a roughed up house is a much bigger financial damage - currently dealing with one (primary tenant, the mother moved out, left daughter in the house, could not afford rent, started sub-leasing to a bunch of different individuals living with her until I caught on to it; the house used to be in pristine condition with new kitchens, bathrooms, hardwood floors - we are probably looking at over 10k and a dumpster full of junk, plus a month of unpaid rent $1,800 and 1-2 months to get it rented again)  We don't have that very often, because we are renting above median price and have usually A quality tenants, but once in a while we have a case like this.For more on this, I wrote a post a couple years ago: What they don't tell you about cheap rental properties.