LTRs typically offer more stability and consistent income, while STRs can yield higher returns but require more management.

[Status]- Our current home is owned free and clear with no mortgage on it (Est value 199K).- We will keep our current home as an investment property.- We will get a new home as our primary residence (Approx  400K).- We will be taking a loan against the current home to cover the down payment for the new home.- Additionally, we will use the loan to remodel our current home and rent out. 

I am also trying to utilize the first-time home buyer down payment assistance program, but the site says they don't allow investment opportunities.

I'm just about to close on my first four-unit, which is probably typical of what is available in Maine, in this type of neighborhood, at this price point - which is old housing stock, tons of deferred/poorly done maintenance, and relatively high labor/construction costs. 

We're looking to convert our current home into a rental with the option to purchase.Would anyone happen to have any thoughts, tips, recommendations on structuring a lease option?

I'm looking to purchase another home or undertake a flip.

Flexibility for Future Moves: When I decided to move out later, I can continue renting both units, creating a consistent income stream even after transitioning to a new home.

Besides, these determinations are almost certainly state-specific, possibly even county- or municipality- specific as you pointed out.In my home state of Texas, burdens are conveyed on the date of the tax auction, as far as I know.

Hi My name Is  Eloisa 
I just bought my first property to lived in, I used the 203k loan  that it was a little hustle.
Just to share a little more about this loan that in my opinion was better than a regular FHA bec...

Recently there was a major plumbing problem at 1 of the single family homes and the tenants were not able to use the bathroom.