Looks like they require a license per rental from the city.

The state wants a separation as a step to divorce and if a partner lived away from home how does that requirement work?

Including, but not limited to:- market- capital required to renovate the four units that need renovation- expected operating expensesFeel free to provide here or message directly.

This strategy can generate quick profits but requires a good understanding of renovation costs and market trends.House Hacking:Live in one unit of a multi-unit property while renting out the others.

There were a handful of issued that required some decision making but other than that we have a really good crew down there and they make my job super easy.

@Jordan MyerThank you for the advice, I think that is what I am going to do as they are good tenants generally, they just need to comply with the occupancy requirements which can be fixed by updating the lease and ensuring there is no fourth occupant.

There are strategies that you could do to try to get future paper losses reducing your active income, but those require you to change your income-earning activities.

It is popular amongst investors because you don't get capped at a certain amount of products, it requires less paperwork, and it doesn't look at DTI/taxes/income.

Costs will vary depending on location, site conditions, development requirements, zoning requirements, type of construction and the level and scope of interior finish.

Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score.