It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.

It is a 2/1 650 square foot DADU on a rental property that I already own.

Hi Jason, if you want to purchase another rental property(s) and actively manage it, a 1031 may be a great solution for them.

Hello everyone,I have had a Bakersfield rental for over 7 years and I am now in the 3rd peroperty management company.

I also know the assets pretty darn well that the OP has bought and I am a firm believer with that class of asset getting them paid off is really the only way to get to the point were they think they are going to live on rental income..

I’ve started off with buying equity in a new build that cash flows as a mid term rental.

So, keep in mind what a good tenant expects in your area.For example, if you have an existing GAS furnace and central air conditioning already a simple replacement of the gas furnace gets people what is likely to be an economical heat source while also providing a/c which many rentals don't have.

Binghamton also has a low purchase price but it is a good area that we see a lot of rental income.

The only time that you might run into a problem is when an HOA does not allow for short-term rentals.

We own a rental in Irvine and do monthly rentals at the moment.