I found the house on Zillow and ended up going through an agent.

Quote from @Khon Kounbandith: The house was in good condition. 

Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

House hacking is a fantastic way to start, but preparation is key.

Quote from @Kash Tacke: Hi,I have two single family houses in Detroit currently rented out. 

(Previous rent was $1,300 but we're about to put in a brand new kitchen from the studs, new flooring throughout the house, new furance, adding A/C, etc).So do we just pay for it all upfront and mostly drain all of our savings, or do I let the rent pay for it and utilize our other savings to get a second property this spring/summer to increase our cashflow? 

My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House. 

PS; I house-hacked with my brother for 2 years. 

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

And don’t forget about short-term rental insurance—it’s a must for direct bookings since you won’t have the platform’s protections.Lastly, make sure your house rules are super clear and easy to find.