When a lease expires but the tenant stays, they remain on the same terms as a month-to-month tenant.

@susan @Susan Little I agree about staying away from foreclosures as they can hide some nasty surprises from costly unexpected repairs to undisclosed liens.  

The police knocked but (surprise!)

Have you asked them how long they want to stay?

I havent tried post cards yet, was trying to stay within a certain budget.

My friend's family is poor but I'm planning on helping him fix that with our business ;)We live in the Daytona Beach area in Florida which as many people know is where the NASCAR Daytona 500 is held along with Bike Week so the housing market is ridiculous here (in a good way)We're thinking since we are both going to stay with our parents well into our 20's we should make our first investment on a duplex so we'll have a great financial boost from 2 units funding us.I just want some opinions from experienced investors on how they feel about this plan.

Stay out of bonds in a rising rate environment, but get chunks out of mutual funds/equities for sure.I'd convert to a Roth or withdraw more during lower income years if I could.

I want to rent it out to my LLC, stay in the home, pay the rent and write off the expenses.

I will stay in the property every couple of months for a weekend or so but then would rent it out on airbnb when I’m not at the property. 

I think personally it makes sense if you're staying at a good rent level and can buy a multifamily house to generate cash flow.