House Hack -> Rental

[Christian Wheeler]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $70,000
Cash invested: $3,500

House Hack turned to rental.

What made you interested in investing in this type of deal?

First house hack.

How did you find this deal and how did you negotiate it?

Through MLS, long DOM.

How did you finance this deal?

30 yr loan.

How did you add value to the deal?

Renovated bath, small updates.

What was the outcome?

Long term rental.

Lessons learned? Challenges?

Patience, don't get attached to a property or investment.