Used enirely OPM to buy this one, and borrowed money from a family member who is in commercial real estate to do the renovation.

So, for one time only, I will answer the questions and statements, one by one.1.

(unfortunately I missed that one.) 

@Dan Heimer You are right safety is number one.

Those investors have largely gone elsewhere, and the ones who are joining BiggerPockets are much more responsible and realistic in their viewpoints. 

One needs to have outstanding local market knowledge to underwrite effectively. 

., you can just buy it all in one swoop through Minoan. 

To your 3rd point, for a house hack, would you recommend finding a property that has some damage and needs an update to get it to its After Repair Value (ARV) or don’t worry about updating house hacks at all nor the concept of finding ARV for house hacks and just look for properties that are move in ready and can cash flow from day one?

He even agreed to selling me one of his since it’s already performing and ready to go.

I’m in the very beginning stages, although I do have one rental, and my primary will eventually be another rental.