My mom Rhonda Blue has 6 cabins and start up costs were from 5k normally up to 10k if it needed to be stained.

Hey Doug,I'd say house-hacking is one of the best ways to get your foot in the door of real estate investing.

Sometimes it looks good from a 10k foot view.

@Rajagopalarao Paidi  some areas of the country it is perfectly normal for foundation issues given the soil types and building techniques of the time.

For a normal interior we would use the following- sprayer for ceilings (flat white) and for doors (switch to semi-gloss) - 3'' angled brush for cut in and trim- 19'' roller frame with 1/2'' nap cover for walls (this is where the real magic happens).

If a tenant is asking for rent reduction in normal times, then that's a red flag that you have to find a new tenant.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

With median home prices hovering around all-time highs and inventory below normal, first time buyers in particular have been squeezed out of the market.

Quoted $5K in closing costs but ended up being $7k to pull $94K in equity out of home as a 2nd mortgage (additional cost was insurance). curious if the below info seems “normal”appreciate the feedback.

This game is hard enough without shooting yourself in the foot.