Some benefits I have noticed while househacking in my triplex:- I am at the property daily and can stay up on any maintenance and issues without having to remember to drive by or check in with a property manager- Rent collection is as simple as a door knock.- Tenants generally will be less inclined to try any funny business because they know you are right next door (or above/below them)- It's more conducive for learning as you go.- More favorable loan and insurance terms for an owner occupied property.There are also downsides such as:- Less privacy- Blurring of the landlord vs neighbor relationship- Can be harder to be the "bad guy" on things because you see your tenants often.

For those reading I would like to take the opportunity to get into the logistics of why it is necessary for me to do it that way.The general process for selling investment real estate at Holton-Wise is through our daily email offerings.

In my daily browse of real estate sites I noticed this. https://www.realtor.com/realestateandhomes-detail/...It appears to be a converted barn or a house that looks like a barn for $80k on 3/4 acre.

In my daily browse of real estate sites I noticed this. https://www.realtor.com/realestateandhomes-detail/...It appears to be a converted barn or a house that looks like a barn for $80k on 3/4 acre.

Use OPM until the banks say no, then use OPM without banks.5) Apps I use daily: Zillow, trulia, genius scan, and of course BP.Good luck, hope to see you with your first buy next year.Cheers,Q

I think a good realtor is crucial and can set you up with daily notifications of new properties, etc.Good luck out there!

The cons: those areas aren’t in as high demand and the tenants will probably be more of a chore.

Set up a daily process (10 pages, 1 podcast, 1 deal, etc.) and that will lead to answers.....and then set up a new daily process for the next progressive question. 

For my broker @Rick Santasiere who reached out during my plea for a great REI friendly agent (that eventually went on to change my life), my buddies @Jacob Reilly and @Kit Crowne who continue to put on a great Free & informational monthly BP Meetup in Manchester, and the tons and tons of folks who hang out here on a daily basis helping folks out. 

The rest of numbers are based on that - daily cost, target audience, budget for cleaning, budget for furniture, etc.This is a new venture for me.