I bought an old f150 for $3500 in cash and it was a great vehicle for me until I started multi-state investing with a lot of driving.

If you do any work yourself, outfit your vehicle as a rolling repair vehicle.

Just wanted to know what other peoples experience has been house hacking in Charlotte NC.Thanks for your help ahead of time greatly appreciated!

My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle.

If you would feel more comfortable using cash to purchase, then you go ahead a do that and know that many other people do that also.

Even if you do go ahead with the transfer (and I don't think $700 is too expensive by the way), I'd still go with the umbrella liability policy.  

I have everything with State Farm; all rentals, commercial umbrella, primary, vehicles, etc.

We, as the property management, have a one time late fee that we asses and then if they dont pay by the next month we can go ahead and serve them a 3 day notice to pay and then we have the option to start the eviction process if we feel we need to. 

How do you handle tenants doing drugsHow do you handle noise complaintsHow do you handle vehicle violationsHow do you keep a tenant long term?

I know about house-hacking, I guess it’s just a matter of weighing whether we should just get an apartment & save for a duplex, or go ahead & purchase a home & begin building equity in that, & then start buying investment properties after we’ve established our own home.Is there a logical path that you see?