Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

In CA you can rent ADUs but can only rent JADUs as a separate unit if the owner lives on the property.  

With this strategy, we knew exactly how each house was operating and we could intervene or change leadership of the house if necessary to assure operations were going as we expected. 

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.Do you pre-sell houses without hedging a percentage of the supply?  

I was in a similar situation for my second house hack.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

There are 9 x buyers for owner occupied houses than there are investor buyers. 

If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.

Letting Go for Your Bottom Line: A Lesson for Real Estate InvestorsHey BiggerPockets Community,If you’re a real estate investor, whether you own rental properties, flip houses, or manage syndications, there’s a critical lesson that could boost your bottom line: Letting Go.Many of us get into real estate because we want control over our financial future.

I would keep rent a little below market, then split the monthly bill between the tenants on top of rent.Old houses in cold climates get expensive in the winter.