And with that again, nail hit squarely on the head. 

Even if it takes you a year to pull down your first deal, you are killing it my friend!

Ideally 10% down.

@Jay Hinrichs yes to my knowledge there are other states that changed regs.Off the top of my head.

I have been assured by the head of the planning group that the restrictions regarding bedrooms, parking, etc. will not apply to anyone grandfathered in.

As far as I understand, as I am living in it, I was able to get cheaper down payment options.

And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.

FHA LoansIf your down payment savings and your credit score aren’t where you want them to be, an FHA loan could be your pathway to buying a home.

With rates coming down should help some sellers off load over priced properties and will help buyers get aggressive with good class A and B locations.

Digging down is a project I am just finishing up.... it is exhausting but potentially worth it.