I’ve had several deals like this on the buy side and sell side where the “gremlins” came out and started whispering against my intuitions.  

5) If approved, how much will they want upfront, when can they start and what's their expected completion date?

I started out with little to nothing when I was in the Army and building up properties slowly. 

@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Sure, they may be able to grow to a very moderate size,  add a few units, or trade up to a larger investment, but as for real scalability: NO.Why?  

If the drywall cracks in the next year or two, or the doors start to stick, then you likely have a larger settlement issue going on, and will likely need to call a foundation repair contractor. 

Chattanooga is a great market to start out in.

Hello, New to BP Pro and looking to start my STR investment journey in 2025.

Starting out?