Hi Everybody I am new to real estate investing and after listening to the podcast I am definitely happy to be joining the forum and eager to learn and take action.

Hard to let go of the low interest rate. 

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept). 

My question is what is the suggested approach for renting a unit out of the home and living in the other?

*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole". 

On paper, it's a good asset with a good rate to work off of, but thinking you can easily convert both units to 3-bedrooms in Queens is a mistake, one that could cost you.

Does anyone know of any banks in or around the August Ga area that will work with out of state investors?

The closer you are to the retirement, the more you should focus on rental properties.

The property produced $48K gross over the past year.  

Register for courses covering the BRRRR method and Subject To financing2.