Anyway, just something to think about.At the end of the day you are personally responsible for the success or failure of your business so you need to decide how you want to run it.

@Jake Mercer would be a good person to reach out to and so would be @Fakaradin Floyd.

Statistically, 20% down dramatically reduces the risk of foreclosure.TERMS:Interest rates: Some people like to raise their interest rates higher than what a person can get at the bank. 

Use a email collection system like “Emailcollect” to get your guests data and remarket to them about local events etc in a simple newsletter every month.

While I am fine renting while I search for the right investment, my dream would be to build (for my own personal home).

I emailed the applicant to give him a heads up about the language in the lease, in case he wanted to find a more dog-friendly property, but he wants to go ahead.

This property cash flows before the ADU.Now im about to graduate college I make more than enough to live on due to having another profitable business with a partner though I have some major personal life changes coming  that will take a lot of my income but I will still be able to save an amount I am happy withIn this position where should I go?

But we could not personally afford the mortgage on this place without a renter.

I don't know anyone there personally doing it like we do, but it's something to consider.The other option, of course, is to just try and bump up your expected monthly cost from 10% to something like 12% - 15%.

This is since 1) there's no penalty for age so it doesn't matter when you use it 2) the longer the retirement asset exists the more chance it has to grow tax deferred or tax free 3)if you are retirement age then using your personal assets first will likely place you in the lowest possible tax bracket when you start drawing those funds.