I make a little over 100k a year and have 50k currently ready for a down payment. any insight would be helpful.Hey Brandon, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

I moved out and rented my home out to a tenant I found on Zillow.

I have a home here in PC but am about to move.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

I do expect the 7.8%/year annualized gain to slow down due to long leases with my tenants with minimal gain in NOI every year moving forward.

FWIW I woul suggest that all work performed moving forward is permitted and inspected.

If we were to move out tomorrow and rent this sucker out, we'd be losing $500/month (yikes).

Homeowners can rent their house to individuals looking for vacation opportunities or they can rent their house to a business owner who intends to use it for business purposes.Shifting Income from Your BusinessIf you are a business owner and do not use your home as your primary place of business, employing the Augusta Rule can be an effective strategy for moving income away from your business and shifting it to personal income, where there would be no tax consequence.For example, as a business owner, you host a monthly meeting with your Board of Directors.

Just realize this will also lead to issues down the road when the four living there decide to move.

Near the end of the lease he sent me a text saying he had moved out and left the keys in the unit.