House hacking is by far the best strategy for people to get into our market.

Blanket notes are not de-duplicated currently when they are recorded against multiple parcels.Blanket notes are detected, but aggregating them is currently a challenge that has not been solved to our satisfaction.

We got out of condo conversions couldn't really sell any of them and transitioned to ground up development of single family homes and three story walkup triplexes on a build to rent model which is much easier for us to manage and our exit isn't a sale it's just a refinance. 

We use our HELCOC to fund our investment properties (purchase and rehab).

We plan to build a cabin or cabins for our family use and an STR.

My mother-in-law wants to help my husband and I on our first real estate investment purchase. 

Other than living at the work site what is your contribution to this transaction?

While my sister and I will not have any issues based on our history and lives, the goal is to use this property as the learning ground for the final outcome: four duplexes---Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.

I understand they can make our life a lot easier but is it worth it if it eats up a lot of our cash flow? 

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.