Funny you mentioned a $600K house doesn’t pencil out as a rental.

I can't give a tutorial re how to originate a note today, selling a house with financing in just one post. 

The low down payment house hack is the way to go.

A conforming loan refers to a type of mortgage that that aligns with the criteria set by the Federal Housing Finance Agency (FHFA).

@Jason Lopez You don’t need an LLC to rent out a house in San Antonio, TX, but it can provide liability protection by separating your personal assets from your rental property.

I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.

Are you looking to do more rehab projects like this (either house hack or not)?

In your case of a fourplex, option 2 should get you a better deal.I would also agree with Bill on how the number of units may not correlate with the value of the property unless it is a large multifamily complex, and sometimes a fourplex or several single family houses would give you better returns. 100% We always recommend conventional first until you can no longer qualify for those. 

Borrowers like that.Since money is the lifeblood of all house flips, I consider this a win-win for everyone.

why on gods green earth would you want to buy 10k condemed houses :)  seems like a waste of time and money to me.