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Updated over 5 years ago,
Plan to move in 3 years but ready to take action; HELP!
Hey all! I'm ready to take action and dedicate my time to finding a great deal, putting it under contract, and renting it out. My strategy is house hack a small multi family (3-4) for my first deal, FHA loan with little money down, buy and hold rental.
The problem is...my girlfriend and I are planning to move in 3 years as we’ve decided definitely we don’t want to start our family here in Houston (will likely move to San Antonio).
Should I wait until we move to jump in or start here in Houston and plan to hire a management company when we leave?
I’m assuming no appreciation growth in 3 years to be conservative (especially when factoring selling costs but again, my strategy is buy and hold).
All your advice is sincerely appreciated!