Based on some properties I've looked at the mortgage/insurance payment would be about $500-$600 so combined with my rent I'd be paying around $1100/month.

That said, the BRRRRRRR(etc.) strategy rarely fails, because it combines government subsidy with personal sacrifice, which tends to be a winning combination, unless you haven't really done your due diligence.

I’ve done combinations of multiple of these suggestions.

If you compare my two deals, the lot that the 5 unit currently sits on is only moderately larger than the two combined lots that I wanted to convert my 2 unit to a 3 unit.  

If you can afford 20%-30% down in your market then go LLC because it can offer better protection for you personal assets against lawsuits when combined with good insurance and healthy separation in finances.

I like a combination of Ryan Murdock and Greg H, with a splash of John Underwood.

The deal is unique because it is a combination residential/ commercial deal.

Different grey tones throughout the home would’ve modernized the space very well.

.- Buy an REO two family on 7/11/2017 for $60,000- Rehab from July - October and Holding Costs $65,000- Rent Both units $2300.00 combined. - ReFi (house appraised at $219k) at 80% LTV we got $175,200.

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