Just thank your deity that you don’t live in a rent controlled city/state.

I currently live in WA state and invest out of state for buy and holds.

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

The lender does not live in the home and the agreement states that they be listed as loss payee.

I retired in my mid-50s and live a comfortable life, grateful every day for the path I chose.Looking back, I’m forever thankful to my partner who encouraged me to take that leap of faith and move to Ohio.

Now, three years later, my tenant reported cracks in every room—paint cracking and full-line cracks in the bathroom, living room, and bedroom (walls, ceiling).A drywall contractor looked at it and said it’s normal wear and tear, but I’m concerned since it’s in every room.

If I were investing in eastern WA, or where my extended family lives in Pennsylvania, those 100k houses in good condition are a real thing there.  

However, if you are profiting over 6 figures, the property might be too expensive to live in order to truly house hack.

You can find us online.Current Ideas: Video Series on Passive Investing in MHC, Tax Benefits of MHC, Investing through 401k etc. 

You live and learn I suppose.