Low down payment with potential for huge rent increase year over year making house hacking very advantageous in New Jersey.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

Secondly, if you do offer these services at your property, do you use your business account, debit, or credit card to pay for the memberships?

We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).

Hi Jewell,The first thing is to see what is lacking the most in the property since small upgrades will have the biggest impact in the areas of low quality to start.

If you choose an area or decide to work with people who will take up more time due to the low cost of entry, you may end up paying more in the long run. 

I have a good amount in savings, and as a first-time homebuyer, I believe I can lock in a low interest rate.

Flat fee brokerages have been around forever, as low as $295.

@Lucas Helliker I am a multifamily broker who only sells multifamily in the KC metro - typically 5-50 units but go as low as 2 and up to about 72 units.

-Should I ask for credits to repair?