@Chris HainsI use the House Flipping Spreadsheet (https://www.houseflippingspreadsheet.com/) to do the planning, analysis and estimating prior to purchase. 

@Jerome Boudreaux Would you like me to run you through the underwriting/analysis process of have you already done that yourself?

I finally settled on "Mom and Pop Residential" and "Mom and Pop Commercial." 

i live in the suburbs of Baltimore and for the past 5 years I've wanted to house hack a multi-family building and I finally have the down payment needed today.I've been looking in Baltimore County and City for these opportunities but a mixed use building just came on my radar. 

I would like to find a mentor/agent who has experience with Foreclosures (HUD) who would be willing to answer questions and work together in the Phoenix/Scottsdale area.I'm on a new journey in life and finally taking steps in the Investor direction... something I should have done a long time ago.

You can get REPS status regardless of how you handle depreciation.Straight Line Depreciation - This is taken 27.5 years on residential and 39 for commercial.Accelerated Depreciation - This requires a cost segregation analysis so you can divide the total value of the building into 5, 7, 15, and 27.5 (or 39) year depreciation buckets.  

Finally from a purely from a cash outlay prospective short term, you could rent a house with roommates and your payment would still probably be Lower than house hacking because rates are so high, over the long period 5-10 years obviously it would cheaper ti buy, hope that makes sense 

You will only learn so much from a course and will go into paralysis analysis. 

hey guys I am new to real estate and I just got my first rental property this past year and have tenants and things are finally stable now.

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