But if do a BRRRR from far away that's risky too, without a really good and trustworthy team in place and lots of checks and balances (security cameras, someone local to check on your property) and the ARV and refinance aspect can be challenging.  

The security deposit should never be used for anything during the lease.

The Payment is not an issue but I’ve just never done owner financing and someone suggested this method as a way to acquire section 8 homes in low crime areas.  

Nonetheless, I agree... with your mortgage rate being so low, it seems like it makes sense to access the equity via other methods beyond refinancing. 

I think it’s disingenuous for a guru to claim they created a new method that is “revolutionizing” real estate lending, when it’s actually just rebranding something that exists and charging more for it.

Are you priced fairly and have a low security deposit?

I LOVE the house hacking method and I think it is one of the best ways to get started in real estate investing.

Our battery went out and our son had to crawl through a basement window but I doubt too many people could have done that, he was impressed by our increased security but didn't want to drive 2 hours back home so he found a way.  

We know we want to create an llc but is it difficult to secure a loan?

@Rod Merriweather Getting a LOC (line of credit) secured by real estate from a bank is going to be tough as the line of credit is viewed as a short-term liability while the property is a long-term asset.