We manage around 1000 properties in the Grand Rapids area and can speak to a lot of what is happening locally.  

Understanding these metrics and their evolution over time offers valuable insights into risk management and risk-adjusted returns. 

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I would say the majority of people cobble together some half-assed moving plan either due to circumstance or being poor organizers/time managers.

I'm working w/ a realtor who regularly works with investors and also does project management for BRRRRs and flips. 

Do you set rules on kitchen use and cleanup and act as house manager or how is that handled?

I can 100% relate to the feeling of "well I'm coming up with all the money, finding the deal, being onsite...etc, and he's just managing the crew." 

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I once had a similar situation with a rental property I managed.

Wanted to check if that is true and if it is just lender specific or are there any legal laws around it.Thanks The rules are generally pretty vague - for the 10% Down Second Home Loan - generally are supposed to be not an investment property (no more than half the year rented out, no property management) and the vicinity rule is not super clear - but you are supposed to live "near the property"There won't be a difference among lenders since this is a GSE backed product (all rules the same) - however, the difference is likely to come from the interpretation of how close "near" meansThis is a good twitter (X) thread on the topic from a lawyer thats in the spacehttps://twitter.com/Wildlaw406/status/1689416363973214213