Using 50% rule (expenses excluding P&i is 50% of rent) here are the numbers;1800 (rent) - $900 (expenses) - 1468 (heloc) = negative $568/monthAt your rent point with that size unit, your expenses will ve less than depicted by the 50% rule, so let’s use a likely more accurate 40%1800 - 720 (expenses) - 1468 = negative $388/monthNow let’s imagine you self manage and you time is not worth anything (I strongly recommend believing your time is worth less or worth less than a quality PM would charge) with 8% further reduction so expenses are down to 32%1800 - 576 (expenses) - 1468 = negative $244/month. 

@Bonnie Low - it's important to know what services you're paying for.

As you know, I was so impressed by the quality of the offering that I decided to join as well and have been on a couple of group calls.I'm the Director of Commercial Real Estate Acquisitions for Southcorp Group in Columbus, Georgia.

If you follow my advice above you will likely buy quality by default.

If multifamily interests you, you might want to consider house hacking as a low risk strategy to start.

The issue is our land value is high, so the structure value is low compared to the overall property cost. 

Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.

Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.

The mold house would only be a good investment if you can buy it at a low enough price to cover the necessary renovations.

By systematizing these areas, you can shift from a reactive approach—where deals dictate your strategy—to a proactive model that generates high-quality acquisitions with reduced risk.2.