Hey BP Community,I am an Atlanta resident and bought an older triplex about a year ago to house hack in (live in one unit and rent the other two out).

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).

One of the great things about having multiple residents per property per year is that you can iterate faster than with an LTR.

I don't mean to throw shade at my fellow Illinois residents, but I'm quite bearish on this state for the long-term. 

.- Depending on your budget, do you want a small condo or larger residence?  

Therefore that's why you void the contract and re-write the contract with the additional tenant and his terms and conditions as well as Qualifications and requirements for them to reside there.

You can also check out groups like the National Alliance for Recovery Residences (NARR), which might have some leads for you.Another option is to talk to property managers who specialize in group homes or sober living.

I buy homes as a primary residence with 5% down and move into them keeping my previous as a rental and the area that I live doesn't have new builds that would work for us, otherwise I would buy a new build.