Another to consider when contemplating hold and rent strategy is would this property make it a good rental?  

When assessing a househack in Socal, it's more important to tally up how much the building will cost, subtract from that the amount of rent you'll collect, and then contemplate the difference.

It seems like a great way for me to get into real estate investing being a first timer.With the house currently "worth" 89k per Zillow, I've contemplated making an offer, paying cash for the down payment and going the traditional route.

At first I really contemplated mobile homes, but later found a modular home.

At first I really contemplated mobile homes, but later found a modular home.

Contemplating what to do with $55k HELOC I'm now eligible for (even more if I want to pay higher interest). 

I live in an area 25 minutes outside of Dallas.The area is growing very quickly.In the last 3 years they have built hundreds if not a thousand homes and 3 large apartment complexes.I am contemplating turning my current home into a rental and/or investing in my town. 

My wife and I are contemplating doing a house hack.

That's what I'm contemplating right now.  

Background: currently living in Philadelphia and contemplating moving back to NYC after a 9 year hiatus from NY (minus the occasion visits).