It seems to me that if running smoothly, a rent by the room business is unbeatable.

The key to tapping into this equity in the future is to get the apartment running smoothly with clean financials.

You may need to do more work than usual to transition her out, and may need to bring in social service agencies to help her in order to ensure things go smoothly staying or going.

Cheers for a smooth closing!

I am curious about what the most ethical and time-tested method for transitioning to a house-hacking situation is when the property you acquire is already at full capacity.What is the best way to navigate the line between the renter's and the owner's rights?

I am currently approaching the 2 year mark for a live in remodel. My hopes are to turn the property into a long term rental property. What are some practical steps to make that happen? Thanks in advance!

This is an easy way to transition into investing and has a few benefits such as:* Minimizes your housing expenses allowing you to put that money back into real estate* Gives you the opportunity to learn about investing while living like a tenant yourself* You get to pick up your first investment propertyI am sure there are few more I missed but you get the point.Good luck and get moving!

I also made a jump from 5 units to 60 units and it was a big transition. 

Keller Williams is a good 1st training outfit, then transition to EXP for lower feels.

The HOA is currently in the process to transition to owners as the head of the HOA.