A buddy said there are new duplexes going up just East of the McConnell Air Force Base.

Investment Info:Single-family residence fix & flip investment.

So you are suggesting like me tryin to by a single family residence or a apartment unit and live in one of the units and rent the rest out as a house hacking strategy?  

Quote from @Jabs Carter: Yes, I am a Texas resident but I invest out of state.

One of the great things about having multiple residents per property per year is that you can iterate faster than with an LTR.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Look at their rental history, the conditions of their previous residence, and ensure they have a good track record with past landlords.

A buddy of mine just built a duplex on the water in Placencia

.- Depending on your budget, do you want a small condo or larger residence?  

If it does vest, then the 2nd isn't currently $8k and the paperwork could further help your case.Other option is to completely ignore the equity in your residence and look for creative financing on the property you want to purchase.