Thanks Shannon  Does it cost less to go straight through WAIVO? 

Connecting with experienced investors or joining local real estate groups can provide valuable insights and help you avoid costly mistakes.

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

Another good thing about that is that you can do a cost segregation study based on the percentage of the house that is being rented to your house mates.

But you have closing costs for Refi, and sale, but in sale you get all your equity back out. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Most of the industry is blue collar work and some of our tenants have their rent paid by their corporate HQ, our all in cost for a new home there is $250k and we are bringing in $3k a month in rent and have had zero vacancies. 

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

Most likely your insurance deductible will be more than that and an attorney will definitely cost you more than that.