Unless you go straight up, the city will never allow 3 units on that small a property.

If there is no provision stating you can’t pay off your REC early then you should just be able to sell it straight up without having to do a wrap-around.

I qualify for the loans, but every time I mention that it’s an investment and that I don’t actually live in the home they go straight to portfolio lending or commercial loans. 

One of the biggest challenges over the years that I've encountered is getting straight in the head for REI. 

If we are talking straight loans and no creative stuff, I’ll have to save money for a down payment.

Set it up on WiFi/keypad locks with emergency lockboxes outside with physical keys that guests or cleaning crew can use..It’s really just setting up the systems that takes awhile if you’re self managing from a distance, but after that it’s relatively straight forward.

@Brice HallIf “Bob” kept his job and didn’t have to pay his mortgage during forbearance, he should be flush with cash.

Not sure why anyone would choose to continue paying a natural gas bill unnecessarily, just straight-up wasting money every month.

I had it running smooth where my HUD consultant didn't even have to come to the property - he esigned the paperwork along with contractor and I emailed straight to bank.

You will find that increases the return of the leveraged scenario more than the straight cash flow.you are double counting the down payment(?)