If I could find a 10+ unit rental all cash and live in one while managing the rest, I could probably live on the cash flow it makes in Hawaii.

But if the stock market crashes, I still have the rental income coming in to live off.

As long as the city does not hammer the builder with connection fees  ( or waives them would be best) I can see this working well as long as folks will pay that much to live there and of course Schools will dictate how well it will do long run.  

If your lease agreement doesn't prohibit driving too fast in the residential area of the unit, you need to have a landlord attorney in your state look at the lease you're using, because driving too fast in a residential area may be a civil or criminal infraction or may even rise to the level of endangering the lives of others (neighbors).

Hi all, I've been having difficulties finding the correct search criteria for properties that have a store front or office space plus residential quarters. I realize options may be limited here in the Phoenix area (on...

The property cash flowed well and covered our expenses in 2021 and 2022 with short-term rentals and about 80-85% business use, but it did not rent as well in 2023 (oversaturated rental market, change in travel restrictions, weather etc...) and dropped to about 65% business use and a negative cash flow of about $15K.

All the comforts of home, and not that expensive...

There are a lot of sketchy people living as roommates, so you want to cast a wide net, screen carefully, and be patient.

I live in the outskirts of Mechanicsville, VA just outside of Richmond.

HI Blake,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.