Many house hackers use this “ladder” approach, building equity and income with each property.A friend of mine started house hacking with a triplex in Phoenix around a decade ago.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.

Orange County can be a challenging market due to high prices, but there are still opportunities if you approach it strategically.

They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

@Brandon Ja, I am somewhat along the lines of @Stuart Udis with how I approach things.

This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

-How do you approach this? 

If so, "professional silence" might be a good approach as these kinds of headaches may just be part of dealing with that type of tenant.