I am currently here for work and I am thinking about house hacking in the area.

A well designed software can do the work and accept/decline applications in the first the place.

He sold me a home for $225,000 that he purchased for less than half of that and said he will be putting in $100,000 worth of rehab work and thats why he was charging me so much more. 

This is critical early on when you start investing.Better Property Management: Understanding the basics of plumbing, electrical work, and other home systems means you can quickly address minor issues before they become major (and expensive) problems.

Once that's done, go through the building with the contractors needed to finish the work and get estimates to complete.

You should get legal or at least property manager advice so if something bad happens it will not be a colossal problem.The zoning of CN-P includes live work and some commercial uses.

We're also only in our 20's, and I don't say this to brag, just to express to you that it IS possible to actually do big deals in the multifamily space if you're willing to work and if you invest in the right network/mentorship. https://thinkmultifamily.com/d...Hope this helps!

I'm thinking maybe the best route would be to work and save for 2 years, then buy a duplex (maybe with FHA loan) and rent one side out.

It's a lot of work and very competitive, but it's a living.I see you've been a member of BP for years.

I use a broker, they do the leg work and since their interest is in my success, as opposed to an insurance sales person who's only interest is making commissions.