Open communication is key in maintaining a positive landlord-tenant relationship, and being transparent about potential changes can help avoid misunderstandings.

You can buy a single family home, live in it for a year, then rent it out afterwards, and that would effectively be an investment property after you moved out, but you also got the more beneficial terms of it being a primary residence loan.You could buy a single family home and rent out bedrooms while you are living there, and that would effectively be an investment property, but again, you have the more beneficial terms of a primary residence loan.I wouldn't get caught up so much on if a property you buy is an investment immediately so much as I would focus on what your goals are and how each purchase would be step towards your goals, whether that is house hacking or just buying investment properties you don't live in. 

Good morning BiggerPockets,I am a new investor/wholesaler and I am trying to understand the most effective way of finding the ARV of a property without having access to the MLS?

This helps break down grease and grime effectively. 

Hey James, If you plan to invest out of state I'd recommend visiting the market you plan to invest in so you can start to build relationships and familiarize yourself with the area.

Consulting with a contractor or local building official is advisable to navigate compliance with safety requirements while optimizing your renovation project effectively

But in states like Florida, Texas, Arizona, and Southern California, seasonality has a much smaller effect.

In this case, your broker’s experience and relationship with the listing agent could provide valuable leverage.

And it’ll give you time to build relationships with local contractors, property managers, and, of course, agents who know the area.

And, in having to decide where to borrow funds from (others, hard money, our own equity, our own cash), we went with our own equity because it was the cheapest and most readily available capital.As a relatively new investor (i've been doing LTR's forever), I don't yet have solid relationships with others in order to move quickly with "OPM".Thank you for the advice here.