And this is your best chance of house hacking while covering most of your living expense or maybe even cashflow if you buy in the right area.Hope this helps!

I am looking to purchase an extended stay hotel. I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel. Thanks for any help you can provide! 

Hello Frank, I think house hacking a small multifamily property that you buy with a low downpayment is one o the best and lowest risk strategies that you can get started with.

@Jay Hinrichs my thoughts exactly, I feel they are big enough to email blast crappy deals and know someone out of 100,000 will buy it.

It might just make more sense to buy another property and move on.

With all of the "hot" market sales and the changes between selling agents/buying agents agreements what are you recommending for a listing agreement length of time anda buyer agreement length of timeI think many agreements have a clause binding a client to the agreement for "specifically shown properties" for an additional period of time after it expires.Is that common? 

Start saving up and buy your first place.

Buy where you intend to live, where you know the areas best.

(The power company in MN will offer you a chance to buy the warranty after the furnace/ac is broken and come back the next day to fix for free.)

When someone buys a property using SubTo, does that make then legally responsible for the loan?