Purchase price: $110,000 Cash invested: $45,000 Recently purchased my first house to use as a primary residence, currently I am renovating the kitchen and adding a full bathroom to the first floor.

Quote from @Robert Ruschak: Would you skip the 700+ single family houses and scale up faster into multi-family?

My interests especially lie with multifamily properties, house hacking, and fix & flips.

Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.

The idea of raising funds from new investors to get them involved in selling lease option houses to tenants does not pass the sniff test.In a nutshell, this is why lease option is so terrible.

This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways.

Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driveway parking, that rents for $950.Before I bought the houses, M.I.P., provided a proforma on each property.

Only in this house your mom happens to be the tenant. 

Without proper support, removing the wall could have compromised the structure of the entire house.

2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca.