I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.

Until 2018, when it was closed due to low revenue and high maintenance costs 2.

Congrats on closing on your home and having equity right away—that’s a solid start!

The thoughts that are running through my mind being this close is creating a nightmare in my mind that needs to be calmed.   

say you find a solid property in a low cost market for $200K and you buy it.between down payment, closing costs, rent ready / spruce up costs, and lease-up costs, you're probably going to need at least 50-65K in cash. 

Now, Kiavi is telling me I need to bring $20,000 to the closing table** to make this work because they’re lending at 70% LTV.

For example, for this one, there are 5 4/2 in my area and they have close to the same condition as mine.

I did find this deal driving driving for dollars, the realtor of the property was adding his sign in the front yard, I approached to make and offer. we close in 3 weeks.

Hi Art,  No, we've just recently closed on a beach rental and I'm about to close on another this month. 

It’s not close to my house and it’s clearly not the best way to do things.