It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

It depends on what year it was built and if there is elimination of title.

I was messing around with using them and it eliminated a ton of hits so I wasn't sure if those were accurate or not.

As such, I would like to broaden my network and get to know other investors.My immediate goal is to eliminate my rent expense through house hacking as this process sounds the most appealing to me.

Sure, I can create a  a land trust and pass the interest to a LLC as beneficiary to protect my credit score and to reduce - not to eliminate - some risk.  

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

It's not that expensive and eliminates possible disputes that could arise from equivocal discussions.

@Jessica Freesia There are some good off-market opportunities in Sandy Springs, although the home values are higher than in other areas.For example, there are 1800 Seniors with Long-Time Ownership: age 60-89, home value $250-500,000, single and multifamily, 3-5 bedrooms, eliminate owners known to have low equity and 15+ year ownership.

I plan to hack a 3 unit property with numbers that create positive cashflow and eliminate my living expenses.So if the property generates 300 per month cash flow and now I'm not paying rent of 1500 any longer, is my positive cashflow now 1800 on my first deal?

I am under the impression that the HELOC deduction has been eliminated