The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

As a first-time house hacker you want to maximize your revenue and minimize your living space to make the most.Also, there are 2+1 units which are 2 legal units and a 3rd boarder unit (either in the basement or the attic).

Yes do what you can to minimize taxes but that’s not the primary driver.

it's common these days, sales pitch and finance says 1.4 DSCR but in reality it's DSCR 0.6.it only makes sense to invest with those who are at very least has 7 years fixed debt financing.

While the sales pitch is typically about a holistic approach to your financial well-being or something like that, the reality is commission-based sales.

Start in onsite leasing, spend some time doing maintenance, pitch in everywhere. 

While my main role involves sourcing off-market properties, I want to make it clear that this isn't a sales pitch.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

IE is it just effectively a secured parking lot that renters can come and go as they please with minimal oversight? 

But, could I minimize risk of renter defaulting on payments for the 2nd property by turning this property into a section 8 housing unit with guaranteed income from the gov't?