You are going to get conflicting responses on this because a lot of it comes down to your plans and your tolerance for risk, which are things known only to you.

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

Response for Sara Salinaro: Hi Sara, I love the ambition—starting with a clear long-term goal like large-scale hotels is how you make big things happen!

The best way to develop a solid SOW is this - you start off with what you are visualizing in your head, send drawings, pictures and products that you like.

I would focus on getting a solid job/career then going into a house hack. 

However, once you have a relationship built up and solid track record with your private lenders, you should be able to also do 2nd (and even 3rd position).

The only caution I give people is to make sure they have a solid income to where they won't feel the pain of the loan. 

A big part of the puzzle is making sure you run a solid cash flow analysis.

I’d love to discuss how I could help the organization by purchasing it and restoring it to productive use.”Request a Meeting: Ask for a meeting with the person or committee responsible for property management.

Given how important these features are for real estate investors, it’s frustrating that the integration isn’t as solid as it should be.I would appreciate hearing any insights from the community, mainly if someone has found a better solution for syncing AppFolio or handling portfolio loans more efficiently.