Also, as long as the house appraises, taking broker commission and using it against down payment and closing costs means lower cash requirements for me which increases my CoC returns.

Hey @Max Smetiouk, so we have a pretty rural lake house.

💭 Final ThoughtsWhen your financial advisor pushes back on your real estate investments, remember this: You're not just "buying a house" - you're investing in an income-producing asset, just like buying shares in a dividend-paying company.

The tenant can lose their housing voucher so inform them that you are speaking with the Housing Authoring because they have violated the lease agreement by blasting music all night.

Account for all costs, including closing fees, holding costs, and repairs.

Buyer go to open house directly.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

I’m hoping that once I do have enough saved I can buy the second property and continue house hacking.

I have investor friends in LA area offering temporary free housing.

The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!