Went through 2 iterations of our plan with an architect only to discover it cost too much to build.Earlier this year we looked into a container home only to be shot down by the zoning commission.Construction costs have come down since last year so now we're looking at a very small stick-built cabin.  

There are advantages and disadvantages to house-hacking which you will discover as you go.

Either way, a BIG component will be financing for 5+ units, so either way check in with @Joseph Chiofalo with a scenario overview.

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).

A leak from the wax ring of the toilet was recently discovered and reported.

Mezzanine loans have higher interest rates and may include an equity participation component, allowing lenders to share in the project's upside potential.These are just a few examples of the various types of commercial loans available to borrowers.

However, there is an educational time component necessary.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

And management is going to be quite active.I have been BRRRR-ing for over a decade and in the current market the "B" does not work so well anymore with ultra-low inventory, but on the positive note we appreciation has become a major component, so we target neighborhoods that look well in that category.

This struggle continued until we discovered Sewer Cleaning Company.Their approach to working with management companies has been nothing short of remarkable.