Step up into the 300k or high as you can and you'll see some great appreciation, quality renters and shorter vacancy periods if any.Sink as little into Dead Equity as possible, write off everything you can and after 5 to 7 yrs, when you click on my website and see: 100% 80/20 680 score, NO DOC Hybrid Option Arm with 1% min. payment rate100% No PMI to $1,850,000100% No PMI- one day out of BK to $1,000,000SELL, SELL, SELL, SELL EVERYTHING!!

Katie,I am HomeVestors Franchise and will openly admit that I wouldn't be where I am today in my REI career if it wasn't for the quality of mentorship that I have received.

After that you can decide on what market/area you want to invest in In order to house hack I'd have to have the type of income to quality for a home and here in my state the home market is between $350k to $600 kMy income would only qualify me for Maybe $150k worth of house.Im unaware how to move forward with a house hacking option at these prices.

Lack of progress or poor quality?).

Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You gave me some quality information I hadn’t heard of a direct booking strategy for repeat guests before.

That is an outstanding start.

No tenant-made upgrades allowed, unless they're professional quality.

Owning two less expensive homes for long-term rentals offers diversification and stable cash flow, but may also generate lower monthly cash flow and property quality issues.

That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.