It’s not a must-have for everyone, but it’s cheap extra protection.

Holidays are coming up and they'll need extra help. 

@Michael H.it's going to be heavily dependent on your personal situation, and the requirements of an individual lender, but yes, it could make it more difficult to qualify for conventional lending.with that said, a lot of us use DSCR loans and there, your DTI ratio is not a factor.so i wouldn't let this be a blocker to house hacking. 

Extra towels, sheets, pillows, trash bags, and soaps. 

Tourism is down and supply is sky-high, so I’d be extra cautious and strategic about buying a home for short-term rental near the theme parks right now.

Sometimes the loan officer tells you one thing, UW team says the opposite or the Processor asks for a certain doc and then UW team asks for something different or sometimes UW approves but then committee has a few extra conditions before approval. 

And I had a fire last year and they paid out great including an extra 16k for lost rent.

Also I help individuals in foreclosure

Each of you would need to meet the IRS hours tests individually if you want losses to be non-passive.

We always have each individual do their own LLC and then the 4 LLS do a joint venture as their individual LLCs as participants.