Going through this process will undoubtedly give you many valuable lessons that you can apply when you scale your business outside of your own property.

The other great thing about vacation rentals is that it takes rent control and tenant laws out of the equation as those laws don't apply to vacation rental properties.To be sure, there are plenty of other laws that do effect you as an investor if you go this route.If you'd be interested in a conversation, I'd be happy to tell you more about what we do and why. 

Did you notice this already doesn’t apply to government backed loans?

I saw there was an exemption to this and in essence it is just a sublease so I am not sure if I need to apply for this.

One thing on getting mentors: they love it when you apply what they say, ask them for help on something smaller, apply what they say, and then come back to and thank them for the advice once you have applied it. 

I recently explored this and came to find that this does now apply to federal lending for the example of FHA loans.

Hi - newbie here trying to understand how some of the shorthand rules apply in a SFH BRRR and can't quite make sense of them.

I’m going to try to find an undervalued asset and try to apply this there.

Recently applied for a loan and was denied based on credit score.I have never had a credit card and the only thing affecting my credit score are some old medical bills.Any ways I can build my credit in a short period of time without getting a credit card?

In other words, does the $750,000 mortgage limit still apply if the mortgage interest is split between the rental and personal portions of the property, effectively lowering the principal amount of the loan amount applied to the personal portion under the $750,000 limit?