Purchase price: $175,000 Cash invested: $43,000 3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sacCharming home completely remodeled.

The primary form of diligence we see on the forums is "what do you think of XYZ sponsor and deal" whereas the common form of diligence in the space by institutional investors, large investment groups, family offices, and sophisticated investors involves following the sponsor for years, underwriting the deals, validating rent comps, background checks on the general partners, and a host of other diligence that materially de-risks the investments.  

Quote from @Julian De la Guardia: Hey Tim,House hacking is not just a good idea; it's a fantastic strategy for someone in your position.

@Nedim Tokman, I have never heard of Dolf De Roos, so take what I say with a heaping amount of salt: on LinkedIn it looks like his experience is with "property prosperity".  

Quote from @Paul De Luca: @Rance SmithWow, that's nightmare situation you went through...Just curious, did you do a sewer scope inspection prior to closing on the building?

Hourly rates can range from $150 to $500 per hour, depending on the lawyer’s experience and the complexity of the documents.In New Jersey/Delaware Valley, the rates can be on the higher end due to the higher cost of legal services in these areas, with some attorneys charging upwards of $300 to $500 per hour.In areas with a lower cost of living, such as rural locations or states with a lower overall legal rate, the costs can be lower.It’s best to shop around and get quotes from a few attorneys familiar with private lending and real estate transactions.

With regard to the fees that is much less expensive than a Delaware Statutory Trust where fees can be upwards of 20% which is totally unacceptable unless you have absolutely no other options. 

We aren't permitted to charge tenants utilities unless they're separately metered in Delaware

I still believe that if you are not either from Mexico, or at least a Spanish speaker - you should leave investing south of the border alone.

I'm in a group for STRs in Delaware, and we had one lady get scammed out of around 4K.