The key is to simply lay out your options and determine which one offers the highest return while staying within your acceptable level of risk:Rent and save for a 20% down payment on an investment propertyBuy a primary residence without house hackingBuy a house hackOther: Is there a better use of your money?

Your success in real estate will be determined by you ultimately.

Obviously we still need to discuss and get more information to try and determine its true valuation, etc...., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend! 

that could determine the quality level the unit needs to be at for a new tenant- Am I doing the work myself, or hiring out?

Whether any of these options make sense will be determined by your use-case.

This final determination based on various factors such as condition of property, location, and bedroom/bath count.

Have an objective third-party determine value in its current condition.

The rent for Section 8 tenants is typically determined by the housing authority based on local market rates and guidelines, but you can request a rent amount.

I’m reaching out as I’m looking to venture into the real estate investment world—something I’ve always wanted to do, and now I’m determined to take action.Last year, I found the perfect multi-family house, but it fell through at the last minute, leading me to jump into a single-family home.

Market Research: What factors did you consider when determining the potential resale value?