Does that automatically disqualify them from being good tenants that would pay the rent on time & not destroy the house?

@Joseph DaviniI agreeBut I wonder where all the “housing shortage” folks and “interest rates coming down prices will double” people are?

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

If you're open to short-term rentals, that could be one option.If you're looking more at long-term renters, you (or your realtor) can negotiate seller credits into the offer and use those credits to buy down your rate.

Real Estate Investors can play ahead of the game by learning about 1) Real Estate (of course), but not the basic stuff....all the tricks that can make you stay one step ahead of your competition. and 2) Construction - How a house is built and how to fix, remodel and add value.So for #1, you can just make this forum an addiction.

My interest in real estate investing started from reading books and listening to podcasts, which got my thinking about exploring house hacking as my first venture.

I'm looking into what it takes to buy my first house/multifamily property out of state.

Hi,I just got under contract on a 4 family house in NJ using an FHA loan.

Have you thought about renting out rooms in a house instead of STR or renting the entire house?

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.