It is unfair to that buyer.

Some banks require 6 months to a year as a "manager", just a heads up, to be able to use rental income.

Welcome to BiggerPockets Nathaniel and good luck investing!

My recommendation is to call around to the different providers - that is what we did when our insurance doubled and we found a company to get us a new policy at a much better rate.

I am building a product, and in my experience, I am working with early majority, where I am trying to reduce the cost brokers spend on virtual assistant, and also make a flexible AI agent that can be seamlessly integrated with the workflows they use.

To me, these third-party damage protection options shift the power over the money away from the owner.

Let’s break down the pros and cons of each when compared side by side:CondoPros:Lower barrier to entry: typically requires a smaller down payment and results in lower monthly mortgage payments.Minimal overhead: utilities like water, trash, and landscaping are often included in HOA dues.No landlord responsibilities: you won’t need to manage tenants or deal with non-payment issues.Cons:HOA management can sometimes be unpredictable or problematic.Long-term rental income growth is generally weaker compared to a duplex, especially if your goal is to hold and rent the property over time.DuplexPros:Rental income from one unit helps offset your mortgage; rental rates are likely to increase over time, lowering your net monthly cost.Higher purchase price can translate into greater long-term appreciation.No HOA or associated fees.Cons:Higher upfront costs: larger down payment and closing expenses.Being a landlord involves active management — and it’s not always fun or easy.Which asset would I choose?

Hey BP community,I’m currently based in Los Angeles, working toward my real estate license, and focused on learning and executing creative deal structures particularly seller financing, and subject-to strategies.I know the LA market is competitive, expensive, and constantly evolving, which makes me curious:What is actually working for you in this environment when it comes to getting deals done creatively with little or no upfront capital?

Hey BP community,I’m currently based in Los Angeles, working toward my real estate license, and focused on learning and executing creative deal structures particularly seller financing, and subject-to strategies.I know the LA market is competitive, expensive, and constantly evolving, which makes me curious:What is actually working for you in this environment when it comes to getting deals done creatively with little or no upfront capital?

I want to ask this community how would a person from another country and doesn't reside in the US, can successfully purchase a property?