Definitely check out Storage Rebellion, otherwise there are free models on Adventures in CRE .com great for underwriting. and we're great for legal review :)

I'm hoping to connect with others in the area who may lend some wisdom as we embark on this exciting, but scary, adventure.

@Nikki BaiNot sure I’d take the gamble of waiting.

Embrace the adventure that is your work - it's certainly meaningful.

Which puts the total cost $175,000 + $40,000 at $215,000 and an after rehab value of $250,000 to $300,000.Having lived in the house for 7+ years and watching the neighborhood change my emotional gut tells me this is a great deal to house hack and jump start my REI adventure.

@Sindy Zheng I know that this isn't a book, but adventures in CRE is an amazing website with an expansive library of educational material regarding underwriting and modeling.Also if you have any specific questions I would be happy to reach out!

I think having enough funds and a good home inspection and contractor that you can trust is a much in the  beginning otherwise you are just gambling.

Bad because often 20% is the minimum down, frequently it goes to 25% down, interest rates higher, terms overall less favorable.As for funding the down payment, save, gamble, pick up a second or third job, borrow from family or have family/friends invest with you, get an active partner, etc.

The great adventure, our combined endurance strength—if not now, when?

is no gambling action.