Each city’s approach can play a unique role, but zoning for higher density developments stands out as a powerful strategy, albeit a tough one to get passed.

One of my clients recently purchased a 4/2 single family house that was positive cash flowing, hit the 1% rule, and was able to execute a full cash out refinance so it was a clean BRRRR!

[I’m assuming I would be dealing with basics (communication, marketing etc.) as well as maintenance and cleaning.]Thanks again! 

Usually the increased buying power and shared expenses can help make the numbers tie out, especially when you consider getting creative with occupancy (maybe yall split time at the house and spend time elsewhere through out the year).Im seeing more and more interest from folks who are looking to do this sort of thing in tandem.

here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?

You are the power player so use your power to hire others to handle this. 

The place we rented was clean and well kept, and the only change we felt was the absence of our father, and change of residence.

Hey @Elizabeth Lark,As mentioned in some other responses, one of the superpowers of real estate is its tax treatment, and you are forfeiting powerful strategies when you hold them in a retirement account as you describe.

it's a powerful way to get started.

So some have one or the other.I like solar powered cameras instead of Ring's of any kind.I have the Eufy exterior camera with separate solar panel.