It's a flexible approach, suitable for both single-family homes and multi-unit properties, and can be tailored to fit your lifestyle and financial goals.It's important to research local housing laws and market conditions to ensure a successful house hacking venture.

Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.

These details will guide how much you can build and where.Engage with Municipalities: Start conversations with local governments early to ensure your plans align with their expectations.

To be safe, consider starting with standard percentages or slightly reduced figures until you have reliable data on the property’s performance.

Check their terms and fees to ensure they align with your needs.

Just ensure this is clearly outlined in your assignment agreement.But in my experience, typically the wholesaler submits the EMD with the PSA to the title company for escrow.

If you’re in that cash position I mentioned above, then we might be a good fit to get on a call so I can show our process which is complete: 1) finding and buying the right property 2) creating a top product from that purchase with a world-class designer on my team 3) co-hosting/managing that property at a discount for clients to ensure you get more money and have a product that lasts.you can also follow me on IG @tampa.rei , I’m actually about to post a walkthrough of a property that was being managed by one of the most popular PMs in the country and in just 1 yr you’ll laugh to see what state the property is in from poor management!

I dont know the area, or the county for that matter, whatsoever.I did some preliminary due diligence on Clinton, including 5-year population trends, demographics, rental rates published, and some other region-specific data. 

A lot of the data you are looking at in terms of what homes rent for down here are not accurate btw.

My mom would like me to assume the loan of her house to ensure it remains in my name.