Making educated judgments will be aided by your knowledge of the rental demand, property valuations, and market circumstances.Analyze properties thoroughly, accounting for future appreciation, costs, and possible rental revenue.

While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.

Depending on your financial objectives and the state of the market, you can decide to try the home hacking method again with a new FHA loan, look into other financing possibilities, or follow alternate investing techniques.Remember to consult with real estate professionals, conduct thorough due diligence, and make informed decisions throughout the process.

@Vivan BhallaIt seems like you've done a thorough analysis of the pros and cons for both options.

My primary goal is to find a legal partner who is responsive, reliable, and thorough, ensuring that all parties are kept in the loop and that closing can proceed smoothly without last-minute surprises or delays.I'm reaching out to this knowledgeable community for advice:Have you worked with law firms not based in the state where you were purchasing property, and if so, how was your experience?

It is crucial to thoroughly understand the specific market in which you are investing.

I asked the attorney if it would be more thorough than the California Association of Realtors Form, and he says that he can't guarantee that.

Can you recommend a cautious, thorough inspector and appraiser?  

Continuously learning and improving your knowledge will help you make informed investment decisions and maximize returns over time.Always remember to do your homework, evaluate investment ideas thoroughly, and consult with financial advisors or seasoned investors for advice.

It's important to familiarize yourself with landlord-tenant laws in your area, and stay on top of maintenance and repair issues to keep the building in good condition.It's also important to thoroughly evaluate the financials of the building before making a purchase.