If house hacking new jersey is a possibility for you I will let you know in most cases it will be financially more beneficially than just about any out of state option.  

Some banks and credit unions are more flexible, especially if you have a strong financial profile.

My purpose behind my decision to pursue REI is to gain financial freedom for wife and I, my future family as well as have the ability to make sure my parents are well taken care of once they reach the retirement age.If I had to label myself I’d want to be known as an open minded rental investor for all long term, mid term and short term investing, with the occasional flip for quicker capitol to put back into another rental.

You are not spreading the financial risk if you are responsible for all capital.

Enhancing the property's curb appeal and ensuring well-organized financial records contribute to a successful sale.

I believe that I can help support this vision through bringing attainable and affordable housing to rural areas and help with fill the services gap by what Nancy calls “social capital” rather than financial capital.

Financial objective- 100% to 400% cash on cash or don’t do it.  

Don’t out more leverage on another asset since we are talking REI.  

Make sure whoever you put in there is financially responsible and I'd do a 6 month or month to month explaining in summer rates will increase.Keep us posted. 

If my husband and I were to start over again we would buy higher quality assets and not be focused on immediate cash flow and unit count like we were when we started this after exiting a fairly decent sized small business.