There are not too many people who can pay 40K cash to buy a house.

The best way to start is by surrounding yourself with people who are already doing what you’re trying to do.

A soils evaluator I know says that "perc tests are 90% people and 10% science" I've found this to be true.John

Reach out to them/me if you would like to get on the list to meet some people!

I was advised people if you have 25 or $30,000 put it in a deal and learn from there but don't give it to a guru. 

Most people living in far north suburbs of DFW are not working downtown. 

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

People are not choosing the cheapest housing available.

One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married. 

I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.