Does anyone in the three households have experience owning and renting out real estate?

:@Russell BrazilThought I’d jump in that conversation as I am contemplating about doing a condo conversion of two condo units from a single family home in Trinidad.

As a physician household, you may qualify for physician loan programs that are more flexible with student debt — definitely worth looking into.Start networking early with local agents and investors to stay ahead in a competitive market.

Around 20–30% of homes sold in the area are being bought by investors.2. 45% of households rent, while 55% own—a higher renter ratio than the national average.3.

Hey Jacob,Congrats on your paid-off single-family property and the remodel — great foundation!

Having a larger household can make coordinating a showing logistically challenging, so I would agree that moving out beforehand is the best approach!

Purchase price: $400,000 4/4 single family home in Cypress TX.

If single member LLC then I'll say no.  

Quote from @Garrett Creswell: Arizona cities like Phoenix, Tempe, and Tucson have loosened zoning restrictions to allow more homeowners to legally build ADUs (Accessory Dwelling Units) or casitas (often used interchangeably).Phoenix passed a policy in early 2024 allowing ADUs on most single-family lots, aiming to boost affordable housing and multigenerational living options.Requirements were simplified: smaller lot size minimums, reduced parking requirements, and less red tape for permits.With the new law passing, builders and developers saw a new market open up:They’re targeting homeowners who want to create rental income (especially with the Phoenix rental market staying strong).

It's a single level ranch, 1450 square feet with separate 2-car garage.