For example, if you start with a big single family home in the suburbs, then want to hack a 4plex in Minneapolis the following year, there will be questions regarding your true intention to occupy that 4plex as your primary.

Less than 20 days and I can typically have a new renter around the first of the following month.I'll address this in detail in my book.

., other borrowers in your market, contacts for tried and proven contractors, etc).Of all things to do, you should not hide and ignore phone calls.And last but not least, if none of that works, list the property in hopes to recoup your losses and let another investor take over and get out of the project and take the lessons you learned and apply them to the next one.

It's set up as follows ('We' being Phil and I, 'They' being the financing company):We find the deal and we use our finances to find the deal.We can find the deal however we'd like.  

Your buddy hired a pretender, so they got a bad quote.A quality PM has a deep bench of honest, proven contractors.

It's not the ideal living condition, but it's a proven method of investing when real estate is unaffordable.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

I wouldn't follow the lists/pundits and follow the data and what your personal goals are from an investing standpoint. 

i'm would appreciate the communities perspective and input on the following question below.Property Criteria; House hacking duplex or triplex Purchase price: 260k - 310kEquity or Cashflow deal ?

Again, I have a bias against "gurus", and the bigger the social media following, the more skeptical I am.