Some neighborhoods don't allow investors or have restrictions on investors and the rules can change. 

I’m really getting tired of tired of it always being more restrictive for hosts and easier for guests to scam us or cost us money. 

@Paul Fogarty Yes, even if you overpay your total estimated taxes for the year, both the IRS and the California FTB may impose late payment penalties if any of your quarterly estimated payments (1040-ES for federal or 540-ES for California) are made after the scheduled due dates.

Some towns even restrict room rentals and/or short term rentals.

(A) For an accessory dwelling unit described in subparagraph (A) of paragraph (1) of subdivision (e), a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family dwelling. home."

Since you’re in the “Refinance” phase of BRRRR, your top priority should be finding lenders who understand investment properties and don’t impose strict seasoning periods.

If you had a VA loan, an investor could assume it without the primary residence restriction.

You need to research the legal restrictions.

In January 2023, I made my first real estate investment: a duplex with an additional third unit (3-family) for $375,000. I put down 3.5% using an FHA loan at a 5.75% interest rate. My total monthly payment, including ...

Things like, what the rents are set to, future rents, how long is the contract, any replacement reserve requirements, potentially return to owner limitations, tenant income restrictions, etc.