Hello Frank, I think house hacking a small multifamily property that you buy with a low downpayment is one o the best and lowest risk strategies that you can get started with.

Quote from @Jamie Parker: Quote from @Luka Milicevic: Quote from @Jamie Parker: Everyone gave great advise, I would not use 70% when you start to get to the granular numbers.

Another lesson is to research companies online and in forums like this before you do business with them and if you decide to do business with someone, dip your toe in the water slowly and continue to research the company after you start working with them, because things can change quickly.I have some questions:1. 

You don't have to spend a fortune and buy a house directly on the beach to do well, but your starting price point for a viable option in this market is around $350-$450k for a solid 2-3 bedroom oceanfront condo or around $500k for a 3-4 bedroom house within walking distance of the beach. 

I would suggest starting with what types of investments you would like to get into and goals.

Write it up to an education, spend some time sharpening your support team (particularly in the trades) and start thinking about how you can do it again!

@Darrius LloydTo start your house hacking journey, research neighborhoods with potential for multifamily properties and balance affordability with tenant quality.

Quote from @Chris Lin: BackgroundI started my journey with REI Nation (formerly Memphis Invest) in 2019.

Quote from @Brendan M Hornung: I reside in Southern California and started my investment journey in March of last year by purchasing a sub-to single-family home in AL.

However there are lenders starting to roll out a 15% down option.