Oh, and they keep 1/2 of late fees.

Storage occupancy rates during past recessions has remained relatively stableFor example, during a recession, when folks downsize from a 3 bed/1 bath to a 2 bed/1 bath, those people, historically, keep their belongings and put them in storage.Also, during inflationary times, self-storage operators can better manage rates because most leases are month-to-month.

But life is about having the means now (cash flow), to do the things you want to do, now.

Keep in mind to get the best rates (including for refis) you have to live in the property.Living with your parents can be beneficial since you would be living for free, but is that the lifestyle you want?

Keep networking and I would also recommend Dave Meyers book Start with Strategy. 

Once you are closed you can pull the permits fully and keep going from that point on.

This is a golden moment for sellers, as cash buyers often mean quicker, smoother transactions.With a 6.5% increase in cash transactions from last year, it's evident that cash is king in Palm Beach.

San Antonio / Central Texas should be some solid areas for BRRRR strategy - I'd be a little careful in the gulf coast areas like Beaumont though - a lot of weather risks that unfortunately keep popping up

These options allow you to tap into your equity while keeping your current property.

@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.