Another option, but check on local codes, might be to pad out the bottoms of the joists with furring strips, leaving gaps for the wires, and then attach the drywall to the furring strips.

Hello everyone I’ll try to keep this as short as possible so it doesn’t turn into a ramble but to give you some background I’m 21 in Pittsburgh my only child is my fur baby 😂 but I’m working and saving money and I want to buy and house hack a tri or quad I was thinking 203k so I’m able to do some rehabbing as well and I want to buy and hold my question is how to get financing once I start getting up into and passed 5+ properties I know it would turn into commercial at that point so would it be a lot more cash at that point?

Project manager that wears several hats, one function finding a deal in a hot market.

Yikes, hold on to your hats, because the fun guys are among us.Me and my business partner did the standard inspection which noted nob and tube wiring.

My point is don't hang your hat on square feet as the determining factor, because your place is smaller than almost every comp.

The key here is when a hot deal comes on to be absolutely ready to make an offer and have your realtor ready to spit out offers at the drop of a hat.

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelery, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence Good Luck

Hats off to you.

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence

I didn't think about that and that is a feather in the hat for the high rates, low market in my opinion.