In comparison, we underwrote appreciation for Y1, and then scaled back for the subsequent years.3) Inflation: I have seen this on so many offerings and I am not sure why it is not being called out.

You do not need an LLC for one property with a mortgage.It is a rental property and not your primary residence.If you lived in the house for a couple years first then no need to change the mortgage.You might need to change the house to non owner occupied with your property tax office.Are you going to move back into the house when you get back?

Hi, I am in the position to buy a single family historic home with an ADU in the back that currently has a tenant in it paying $1600 a month including utilities.The home has 3 beds and 1 bath  and needs some light work such as floors including leveling of one bedroom where the floor is dipping, a few windows, stair repair, painting  and landscaping as it sits on a 7000sqft lot.

Thank you,Rami Risk/reward, it’s one of the only areas in region you can get a really good deal vs peak prices, but there’s obviously the risk it doesn’t come back or that it gets worse, I’m slightly risk adverse & crime is something that I have no control over, so I’d probably not be a buyer there but the prices certainly are interesting, if I was included to invest in a down home in dc I’d probably look more Michigan park/riggs park area.

But the gas and water need to stay in our name as landlords (per the water and gas companies), and we will bill those amounts back to the tenants.We have 1 single man who has 1 child who will live with him 1/2 time in the upper level, and we have 1 single woman who has 3 children who will live with her 1/2 time in the lower level.

So I’ve been stuck for a couple years going back and forth.

Then the squirrel has to go back out to scrounge for food, even in the dead of winter.What if, instead of spending all that time gathering acorns himself, the squirrel had devised ways for the acorns to accumulate automatically?

So, about the back-to-back loan thing, the interest part could be taxable income to you, but you might be able to avoid it if you structure things right. 

So instead of sticking to your typical balloon payment after 5, push back and try to see if they are open for a hybrid term to drag it out longer. 

Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.