You can see if you can apply and qualify for a loan through the bank but most banks will follow federal standards and guidelines which allow them to sell the home to Fannie or Freddie if they so desire.

The good news is that just like STRs used to be less professionally run back in the day, so are many MTRs.

They also replaced the AC/Heater in 2021, so very little needed on this little diamond in the rough.

Here is what i’ve gathered so far.- Get a good interest loan while putting 20% down on a house - live in it until you save another 20%- rent it out and repeatMy question:Can I even rent a place out and keep getting loans for the next house aka good debt?

Now I wonder those three girls who has already lived in are also part of the so called organization.What should we do?

South Pasadena is very expensive so Yorba Linda/Placentia makes more sense.

A fence replacement is generally considered a capital improvement, so it would need to be depreciated over time rather than deducted as a repair.

So, do I bother?

The tricky part to this transaction is the house was just purchased this year with a VA loan, so there is no equity.

So why do you you think demand has slowed for this area?