I agree with the other contributor that it’s better to own a $1M asset that appreciates 3% per year that pays no cash flow (over the long term) rather than a $100k asset that appreciates 3% and pays $300 a month in cash flow.

I don’t generally buy into those as saving all this money, but I’m wondering if others have an experience or perspective? 

Proof of payments should be sent to the other party. 

I usually describe DSCR loans like a see-saw (or teeter-totter)...as one side goes up (the LTV), the other side goes down (the Debt Service Coverage ratio).

Lots of other people had bad experiences. 

Have you explored any other markets? 

Feel free to reach out if you have any other questions or would like to discuss!

With a house hack you buy a single family and rent out rooms to roommates to make money OR a small mult-family (2-4 units) and rent out the other apartment(s).

I rent out one side and the other I stay in .  

Think ADU law changes in CA, and in Austin and other cities.