I'm looking into adding laundry to a PadSplit home with 3 bedrooms.

Greetings,My wife and I are just getting into real estate investing.

In general if you go right into renting you run a risk the lenders mortgage being violated.

I'll have to do some more research into professional letters.

If there is minimal furniture, that's ok, but bear in mind that the Inspector will have to cover his butt by writing into the report that the house was not clear and therefore his conclusions may be invalid and he is not liable for missing anything.

Both of our credit is well into the 700s and the property estimated value is 900k plus.

So the follow up question is, does it make sense to keep a property for that long and not dig into its equity for 21 years?

I do very well with the Airbnb income and do not want to turn it into a long-term rental.

First step is don’t believe everything you see or hear on the news because they will exploit inflation to new levels to scare folks into something that really isn’t.

Was looking into Relay bank after hearing Pace Morby talk it up.