How much it will affect your DTI depends on your existing debt obligations, income, the mortgage of the primary home you want to buy, and the mortgage of the house hack property.I recommend using the 5% down conventional loan product to house hack and only use FHA if you have to since there are more restrictions involved.

Just a piece of advice if you do elect to pull some cash out is to stay at 60% loan to value. 60% loan to value for most products will get you the best combo of rates/costs on the loan. 

It's all about personal relationships with productive agents.

If you do install any Cadet heaters though, for the love of god please pair them with the manual knob-style thermostats - the Cadet electronic programmable thermostats are maybe the single worst product I've purchased in my renovating life, and were replaced almost immediately after installing them.Doors and Trim. 

How long will it require to implement your business plan and rent / stabilize the property? 

We have a small mobile home park in Indiana that we are in the process of stabilizing.

It's good to build a reputation of reliable person who stands by what they say and does his best to deliver the best product for the buck.Never forget, this is a for profit business.

Nobody has a "right" to use a specific product or service.

We are here to assist you with any properties you are looking to invest in on our site or anywhere.To your success, Zach >You certainly could include 5% capex, but this seller has not as the home has been recently renovated or newly built, meaning you would not expect large capital expenditures within the first 5 years at least. when a product is placed into service its lifespan has started.

If you have nicer rentals A thru C+, you can attract good tenants and good tenants generally prefer stability.