This is a marathon and not a sprint, so look at it like that so that you can have a long and fruitful career.  

That would make this much more complicated, since you'd likely need lender approval.In any event, you'll want to check your mortgage (if you have one) and the lease to see if you can transfer or assign.

I also took this entire section, and fed it to both ChatGPT and Google' Gemini's AIs to see if the calculations seemed correct.

This past year it is 8.6% as Dan said.

I am guessing only you would be signing the 18 month lease and this individual who is there to "help" won't be voluntarily offering their signature as a co-signer?

Lastly this is my first post here so apologies in advance if I posted this wrong or in the wrong place  House hacking is perhaps the best strategy to get started in real estate.

From there, I try to figure out why this house isn't selling, and if I'm still interested I'll make an offer at a price that works at my numbers.Other than that, yes I think it is a great idea to dig deeper into more creative methods of finding deals - wholesalers, direct mail, door knocking, networking, etc.

I am hoping this number is extremely conservative given that our contractors, inspector, and realtor walked it as well. 

They have a program for this. 

Hi Mattin,As we’re already chatting via DM, I’ll keep this brief, but I wanted to drop a note here for anyone else considering Detroit.