@Elias Azo, I suppose I'm a biased real estate agent, so take everything I say with a grain of salt; however, I would highly encourage you to pursue/accomplish your first house hack during Q4 or by the end of this year.

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)

Quote from @Margaret Blythe: Quote from @Michael Borger: In coastal areas like Hawaii, where I invest (in addition to Alaska), you have to be mindful of environmental hazards -- hurricane susceptibility, erosion, salt corrosion, etc.

The only caveat is maybe if you have property management set up that can handle it all, it becomes their problem to manage.I'm in the residential world, so take what I say with a grain of salt.

Hey Joe, Please take advice here with a grain of salt as they are either financial advisors trying to sell you something that you probably don't need or people without 10M who have no idea.

Take the answer with a grain of salt because values can vary drastically.   

Disclaimer – I am an instructor pilot in the Navy and not a real estate professional – so take everything with a grain of salt.

@Gp G. only you should answer this question and just listen to our advice with the proverbial grain of salt!

That doesn't mean stop networking though, just take it all with a grain of salt.

Last year, my husband and I purchased an investment property in Salt Lake City that we turned into a short-term rental.