House hacking is, in my opinion, the easiest way to get your foot in the door with real estate investing!

Commercial rents seem to vary wildly locale to locale  I'd say like $1 - $20 per SQUARE FOOT so ur rent could be anywheres between 900 to 18K /mo total.but mostly likely a couple dollars per sq ft.

I would like to get into real estate, I have a mentor but what good is he to me if I don't do my part and get my foot in the door?.

Probably more than $6000 for my 1000 square foot basement.

What's the foot traffic like?

I dont know the reason but i assume it was so they wont lose it.Now my question is, is there anyway I can take out any more equity loans in the house so I can renovate fully and sell for a much higher price, can probably pull 3.5 for a fully functional higher end house.Is this even worth perusing or should I not touch this with a ten foot pole.Thanks all, looking forward for your expertise

Home that is renovated and looks great at $150 per Sq foot to a fixer duplex or triplex.

If there are cost overruns, who is footing that bill?  

Or just bite the bullet and purchase something a bit pricier to get my foot in the door and start leveraging.

Congrats on taking the next step in your investing career--it sounds like you already have a solid footing with the experience you've gained from the 4-family.I'm an investor and investor-agent based in Northern NJ, so always happy to connect and expand the network.