For tenants, we want to create a stable and comforting home so we only work with owners who are willing to invest in the property and make a true home for the tenants.

These areas may offer more affordable multifamily properties that fit your house hacking goals.Rochester and other distant markets could work for a BRRRR strategy, but it’s a big commitment given the distance.

You can refi into a DSCR at the 1-year mark, buy another - rinse and repeat.That's a good idea for the House Hack, but I can tell you FHA offers are very difficult to get accepted right now, at least in Toledo.

Ensure the STR’s projected income comfortably covers new debt, even with conservative occupancy rates, and maintain reserves for market changes or vacancies.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

It was listed on Zillow for $110k and we made a low ball offer at $90k, ended up getting under contract for $95k.

The owner was an older gentleman who wanted to sell quickly without the hassle of listing, showings, and back-and-forth offers.

I lost one once that projected great return because i requested an estoppel before accepting the offer.  

If the seller accepts the offer, (contingent on appraisal[as per court approval requirement]), How should i proceed in the situation.

Also, be honest with yourself that the approach you describe is intended to take advantage of people who just don't understand what a terrible deal you are offering them.