The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.

Check out this recent rental report from Zumper ranking cities in the US with the highest rents. https://www.zumper.com/blog/rental-price-data/ Welcome to BP - do you work exclusively with investors as a broker or is it just a good portion of your clientele?  

Move out on or before (lease termination date).

They have never run out.  

Meaning that the owner of the property will have a property and license to rent out these 8 units individually per day or months. 

You don’t need to transfer out of your daughter’s name to rent?

@Doug Smith, thanks for reaching out.

I'm interested in hearing experiences on what companies or custodians work best, what pitfalls to watch out for, and any red flags during the process.

Then I find out a week ago they sold the property at a loss, ALL my capital is gone, and Ken McElroy goes on his merry way making youtube videos about how much money he is making. 

You're paying yourself back interest, the principal is out of the market and not going down, AND you're using the funds to build equity in real estate.