But if you’re aiming for the highest return, short-term rentals can be a great option.My current strategy is to find a single-family home with an “in-law” layout, something you can divide in two, add a separate entrance, and rent out the master suite or one half of the home on Airbnb while living in the other.

We have a lot of Mickelsons on the North Shore, with an addition in the back: living room down and primary suite up, crawl space underneeth, to the tune of 150k-200k.

The work includes adding a master suit and bathroom adding over 300 square feet to the house as well as completely new plumbing, electrical, HVAC, roof, flooring, drywall, siding, and fixtures.

My first choice owns healthy investments and helps me follow suit. 

When an IRA engages in a trade or business on a regular or repeated basis (which frequent flipping becomes) then the IRA is subject to taxation called UBTI meant to level the playing field for tax-paying business and protect them from unfair competition.So, generally an IRA is better suited to truly passive investments like holding rentals, private lending (such as to unrelated flippers), and syndications.

Parking can be grey area, you might have a way with that if spots are available and its clear existing tenants do not get access to existing parking. 

Condos are usually a lower price entry point, so they suit a lot of newer investors, but certainly not for everyone! 

Most of my options were breakeven haha still learning the game.I am in the process of finalizing what the exterior finish will be on my new build, most likely very light grey stucco, pretty excited about it.

SC outlawed wholesaling last year, so it wouldnt surprise me if NC follows suit. 

Research Lenders: Compare offers from banks, credit unions, and online lenders to find terms that suit your needs.4.