I plan to use this home as a long term rental.

Check regional building for the age of the furnace, water heater etc and if they are nearing end of life be sure to plan on replacement costs.

Show them what you know and exactly what you plan to do with whatever deal you need them to finance or partner up with you on. 

It's crucial to approach your income goals with a plan—breaking down your long-term ambitions into annual targets makes them far more manageable.

I am not planning to sell in the near future but I am planning to refinance next year, so this is very important!

Most renters prefer to rent a single family home, but most investors prefer a multifamily from a returns stand point.You should probably consider a multifamily if you plan to house hack.  

For your plan to work, they both have to sign off on the sale. 

Joint tenancy means equal ownership, and if one owner passes away, their share automatically goes to the surviving owner(s), giving sole ownership.

I guess my fear is purchasing a home in STONE county and then applying for it to be a STR and being denied. tonight there is a meeting of Stone County Planning & Zoning and there are two families trying to get the zoning of their home changed to operate a STR.

I will rent to him for remainder of life for 1000.00 My thoughts are in ca adu are allowed and almost pushed upon us I have raw land with water to it I was going to write a plan to have a structure manufactured home cause the utilities and set up are provided in cost rent to the guy who is willing to buy the structure and borrow some money from the trust it says she has discretion to do that!