These days too many people have too little coverage in case of a rebuild so you do want to make sure you understand the true cost of a total loss.

Still lots of work to do on the house and the “book” I still have to figure out what to do for it (paper/digital/both), and a few more things I probably am not yet aware of … reading on this forum and asking questions sure has helped out a lot.

House hacking is the best tried-and-true method for new investors in my opinion.

Over the years every single time I went over his house to hang out we would talk about money, investing and the future we were building.

So we have all Bassett and La-Z-Boy furniture in our lake house and it has been great.

Each area has its own rules on how it works, but basically, you buy the house, pay a deposit and agree to rehab the house within a certain amount of time.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

Current house is 2500 sqFt 4 bed 2.5 baths. 

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

Asking $1.7M https://www.zillow.com/homedetails/94515-Highway-101-S-Yacha...South Coast: 5 Bedrooms / 9 Bathrooms / 9301SF on 34+ Acres with guesthouse and caretakers house.