We currently own one door (split acquisition and closing costs and contribute equally to management and ownership), and have split equity and cash flows from the property - also pretty standard in my experience.My question is this - I want to purchase a house hack and would like to use our current business entity for accounting purposes (tracking income / expenses / etc).

Whatever they call them, the loans come from the lender’s own source of funds.

I recommend for out of state investors to buy in a class B or A area and a nice well occupied building.

Travel nurses have additional expenses as well, and some assignments may only be paying $1,800/wk, and when you calculate dual living expenses, paying for your own healthcare, no benefits, taxes, etc... it may not be as lucrative as some might think.

I've owned houses with Schlage Encode locks and prior to changing over to lithium, I would have to change batteries every 5-7 months.

Talk to a local realtor who works with investors to see if $2600 is realistic for rent and who you'd be marketing to-likely a smaller tenant pool.Most people who rent fall into different categories-those who are just starting out and saving to buy their own home, those who move around and buying doesn't make sense and those who will never buy a home (either can't save the down payment, can't get approved for a mortgage or plain and simple don't want the responsibility of owning a home). 

Check with your Secretary of State to see how it is handled in your area to understand best steps forward.

Isn’t owning a MHP where you own the mobile homes and lease them out just the same as owning an apartment complex but with the greater problems of maintenance, low end tenants, etc.?  

I didn't have a lot of high-end furnishings in my own home when we had a toddler.

Hi all:I own a couple STRs and am considering buying one in Fort Worth.