This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

The guy I signed up with basically knew nothing more than me filling out the application. 

It'll be confusing in the short term, I think people assume it's inflationary.

We work with people in your shoes all the time. 

Hi Ricky,I always recommend that people create their own model.

@David Overcash I am sure we do know some of the same people.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

People are looking to live smaller or some are being forced to live smaller, hence the insane growth in apartments and storages.

If each property costs $200,000 and your only acquisition cost is a 25% down payment, you will need $850,000 (17 × $200,000 × 25%) in savings, an almost impossible amount for most people.