Quote from @Donald Hatter: Hello fellow Bigger Pockets investors!

It provides the least amount out of pocket to acquire properties. 

Even with house hacking with a lower down payment (which I am not sure would work if I get a studio size condo), I would still need to pay more out of pocket than what I would pay renting (I can get rent by splitting a studio with a friend for about $1200/month).

So I have a 64" pocket in a new 1bd cabin build that can fit an integrated vertical twin murphey bed in the living room with side dressor or a row of book shelfs + cab.

No, more specifically deals found through networking with local real estate professionals, finding pocket listings, direct mail, etc.

Our pockets are not deep but we have full ownership of the land. 

@Jenna McElwainWelcome to Bigger Pockets.

The 1031 exchange offset $300k of that cost so our out of pocket expense was $120k.

@Mitchell TruongFrom the research I've done, Ohio is a great state for several reasons: it's a landlord friendly state, cap rates are 6-8%, even higher in some pockets, relatively low vacancy, lots of job growth and some population growth.

Hello Bigger Pockets!