I don't hear too many investor doing ground up multi-family for house hacking in the area, so this is definitely interesting.

I also invest out of state.The concerns you bring up are valid.

When we purchased it, it was fully renovated and set up as a 5 bed/1 bath Airbnb.

I recommend lining someone up before you leave for a 1 year term.  

Too many wholesalers are so eager to get a contract that they lock up properties way above market value, hoping to find a buyer who doesn’t know any better.

House hacking can certainly be a great way to build equity and reduce living expenses, but it’s essential to have a cushion in case your rental income doesn’t come in as expected or renovations take longer than planned.

Basically, the money used in this type of financing comes from "Wall Street".

The fund allows for money to come in and sometimes go out as needed.

Hi All - This is a funny request but my fiancé and I recently did an exercise together where we wrote down 10 things we are grateful for, 5 goals of ours for the next two years, and 5 goals of ours for the next five years.

@Rey Magana look at the Mesa Del Sol area.