Can’t house hack, we own a large home with lots of kids.

I also work with atheletes to find housing since I am a retired athlete myself. 

Gas or electric would be a much better option, safety wise, from a house fire standpoint, CO danger, or danger to children or pets from the open flames. 

That means that you can buy a house on the South side -- identical to one on the North side and in its doppleganger (save race) neighborhood -- for literally a $100,000 less than you can on the North side.

Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.

Acquisition Target: $730K-$780K; ARV: $900K; Repairs: $120K.

We want her to live with us so she's more active and social, but our current house isn't suitable.

*Have a USP right of the bat to convert leads*Have a huge/constant flow of leads from investors, sellers, partners, etc.If I was doing it for houses, I'd do the same thing, just work on the leads.

You would be committing mortgage fraud if you knew that you only intended to live in the house for 6 months before taking a job opportunity in another state.

For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV.