Primary Home to Rental

[Katie Phillips]

Investment Info:

Single-family residence buy & hold investment in Rancho Cordova.

Purchase price: $345,000
Cash invested: $20,000

I originally purchased this home as a primary and house hacked for 2 years. I saved enough cash to move into a second home, and use this one as a rental. I built a 4th bedroom and rent each room to an individual to create more cash flow. Most of my tenants are students and traveling nurses.