Low end MFH is overpriced for the current rent amounts. 

@Bryce Nurding Rates are close to a 2 year low.

House hacking a duplex is a solid way to get started in real estate while keeping your living costs low.

Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

The land is in a very non-desirable area pretty much in the middle of no where so I would assume the cost of the land is low but don’t know how the ROI would be after you had the infrastructure up and running.

., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

Those holiday numbers are a bit low, those daily numbers are a bit high. 

The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.

Rates as low as 7.25, depending on credit score and LTV.

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.