The key is to save a decent amount for that rainy day.If you're buying a newer house with upgrades on the major systems -- roof, furnace, water heater, sewer, and appliances?

Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,

It's better than what you'll get from most attorneys and what you'll find on the internet.

The house required extensive renovations including the roof, windows, HVAC system, kitchen, bathrooms, and more.Initially, my GC advised that only a permit for the roof was necessary.

I did not have your mentality at 21.I'd say you are headed in the right direction with the strategy you are considering - househacking.You'll be able to use a low-down payment option, learn to manage properties, create systems for managing maintenance projects, have your tenants pay most or all of your mortgage,... the list goes on.There will definitely be hurdles but like you said...you'll make it work!

--You can easily buy fake paystubs & W-2s off the internet, that are generated by Quickbooks, so they look 100% real.

At this point, there is no documentation required - meaning you're basically on the honor system here as it pertains to accreditation.  

Nobody and I mean NOBODY get's admin access into any of our systems.

Alex, We manage properties in many CT towns and cities but the ones we see doing the best:3+ bedroom rentals (usually SFH's): I like CT places with good school systems as families tend to flock to them and stay longer.

The city has been re-inventing itself over the last decade, downtown looks very different, we are currently getting an upgraded freeway system and you see a lot of new developments.