Originally posted by @Arley Collado:Greetings all! 

My original plan was to buy a 2/1 condo or apartment with an FHA, and rent out the other room however, I've learned that's almost impossible since most condos are coops and do not allow subleases.

Originally posted by @Seth Johnson:You and I both know that people won’t appreciate, take care of, or maintain anything that they don’t have equity invested in.

Just that the market combined with your state of mind tells me clean break.You can sell all as a package and 1031 into a passive investment and collect your 7% - 8% for the next 20 years but its too small for a big group without a  huge hair cut. 

If your house is still mortgaged, it was originally mortgaged as owner occupied, not an investment property.

Originally posted by @Alex Zerbach:@James Wise Thank you for the response.

Originally posted by @Amy Marie:I'm a new member from the Cleveland area.

Originally posted by @Isaac Boateng:Steven Picker thanks for the advice Steven, I actually just called and they said it's allowed and they screwed up so it is a go.

Originally posted by @Liwen Gu:I suggest listening to the podcast https://www.biggerpockets.com/renewsblog/biggerpoc...Podcast 229: Early Retirement Through Short-Term Rental Properties with Zeona McIntyre.

Originally posted by @Charles S.