But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

I agree with John, we are seeing renovation costs of $150k- $200k for a basement unit and $250k + for a coach house. 

I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers.

Poor or No Communication PlatformsEffective co-living communication platforms are characterized by:1) usability2) accessibility3) commitment of involvementThis can be done through house email lists, whiteboard, group texts, etc.

Any taxes not owed, a seller merely file a tax return with the state, just like any other tax returns filed for extra taxes a government has with held. 

If you aren't going to be living in Texas then it would be tough to do a house hack there.

By this time, I realized Chris was wholesaling the house to me (unlike the other houses on the tour) and charging me to manage the project.

First when I wanted to create a fund to buy court house steps..

It’s a motel/RV park located in a rural market with seller financing on the table.

Not trying to scare you, but a lot of lawsuits happen because the landlord doesn't follow fair housing laws, or simply neglects repairs etc.