With both of us working FT, managing 10 rentals, and parenting our kids we could no longer grow unless one of us left our jobs or we hired a PM.Managing one or two annual rentals is not difficult for most people, especially if you are local to the property.

Then I’d… list the place immediately as discussed and if your lease and the law allows, you may be able to withhold the security deposit. 

Would love to hear any success stories of college students / parents who used the FHA Kiddie Condo Loan

Investment Info:

Single-family residence buy & hold investment in East Stroudsburg.

Purchase price: $92,000

Cash invested: $6,000

I bought this property with an FHA loan. I just moved out and thr...

My plan was to house hack to have my parents live in one and rent one out. 

At the time I was a single parent and wanted a neighborhood that was safe and a primary residence that I could live for a few years.

Can my sister and I donate land my deceased parents received deeds through in tax sales? 

I decided to use the equity and I got a HELOC last month that I used to buy my new primary residence in MI where i grew up and my elderly parents still live.

I'm lucky enough that my parents are allowing me to live at home for free for at least the foreseeable future so I want to take advantage of that.

The KEY however is to ensure you have parents as guarantors!