When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.

Here is one recommendation as you begin your REI journey.Make sure to have your team around you before you start, or as Brandon Turner from the BP podcast calls it, your CORE4. 

I am trying to get a hard money loan to start with the BRRR method.

Have you been investing for a while, or are you just getting started?

This had me thinking if I'm wrong and would like to start a discussion on the subject to see what ever one else does.

Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

This chart I thinks shows it best, inventory does increase over last summer/fall though still well below historic norms, but it actually starts coming down over the winter. 

Is there anything I should know before start shopping?

I first started in investing though house hacking.

Love your mindset—real estate is a long game, and you're starting with the right attitude!