The strategy I'm following for my first house hack is to acquire a multifamily property (duplex, triplex, quadplex) or SFH w/ an ADU (or potential for an ADU) as I am mainly looking to simultaneously acquire my first property and subsidize my mortgage payment.

Lend to Live is a great book on the topic of private money lending, and Devon Kennard is also someone I follow closely who has a private lending business. 

Talk to your local building department for the codes they follow and requirement(s).

Of course I rode the wave from 2018 to 2024 with the west coast transplants during COVID and driving up prices in the area.  

UW is only as good as the numbers that are entered into the data cells. 

And this doesn't even address the risks they take coming to this country, like the women and children that are sexually abused or trafficked, the men that are killed, the drugs that are hauled over, etc.2. 

Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

Any thoughts on the interface?

Do you prefer Flips or Rentals? Or does it vary by area