Starting small with solid fundamentals and not waiting for the "perfect" deal was key to getting started.

They key is buying the correct property.

That’s the beauty of house hacking.. it’s a long-term play with massive upside.What to Look Out ForAnalyze the Numbers Thoroughly: With your goal of having the property cash flow once you move out, the key is to run your numbers with future rents in mind, not just what you’ll pay while living there.

The key is to understand the capital stack, who is in line in front of you and what are their terms.The people who are getting burned may have known there was debt in front of them, but did they know it was short term or variable - did they know all the details to make a good judgment on the investment.If a property had 20 year fixed debt at 70% would you take that over 3 year debt on a variable rate at 50%? 

Let her know she can change the locks and give you a new key (or if it is a keycode, she can change it and give you the new code). 

One of its key features is the ability to pull comps quickly while ensuring the data is updated as fast as possible.

Key point is "Lowest" rate does not mean the cheapest rate

Here are some key points to help you evaluate the opportunity using AirDNA:1.

In the last 2 years we have had two different properties where tenants left a bad flea problem behind, and it's a PITA to get them gone because you have to spray multiple times and vacuum everywhere multiple times. 

I see a lot of new investors buy something turn key and end up either over paying or due to the market not being able to refinance for 5 years.If you have any questions feel free to reach out or email me I enjoy helping BP members.