That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

You can do this for well under a fraction of what the cost is. 

My budget for the first property is $50k ~ $100k total cost (including rehab).

When a water heater breaks at 9pm on a Sunday I get an email saying it happened, it’s been fixed and it cost $1200 give or take.

He told me that without installing a sump pump system (at a cost of $12k), the foundation will continue to deteriorate, which could eventually lead to bowing basement walls—an issue that could cost upwards of $50k to fix.The inspector asked if the previous homeowner disclosed any water damage.

This is my personal opinion, which probably won't be popular.If you are worried about the cost of hiring an attorney to create a proper operating agreement for your LLC, you probably don't need an LLC, and if you choose to use an online site to create an LLC, you probably get the protection you paid for.

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.

These traditionally have lower rates than cash-out refinances and will only cover your existing loan amount + closing costs, so you'll need an existing mortgage for this type of loan.4.

The low down payment house hack is the way to go.

However, i want to address placing a tenant.My market has a low vacancy rate.