This is a fantastic answer and I agree completely.

The explanation of why you love 4 plexes makes complete sense! 

Hey @Reeves Bennett - BRRRR is a great strategy, just to be crystal clear, it will take 2 different loans to complete.

The only way to reverse these is to prove the tax collector screwed up on notification and that is primarily done by counting the days in the newpaper.. they must publish for 21 consecutive days prior to the sale.

Before renting, I need to complete a few improvements to the townhome, such as landscaping and replacing the flooring in the bedrooms.I have a few questions and would appreciate any advice: What should I look out for during the home inspection and closing process on a new-build property?

Your mortgage is based on the refi when you complete the refi.

@Eric Chappell - just started a trial to check on rentalhero and it's not a complete accounting system.

Losing $1,300 per month at a minimum doesn't sound amazing, but it completely depends on your financial situation. 

But if you hold that thing for 10 years I don't see how your life is not completely different and people don't think your a genius for buying a middle of the road househack now.

I'm also a REALTOR who focuses on PadSplit primarily with many clients building portfolios of these high cash-flowing properties.