House hacking is a fantastic way to start building wealth while minimizing risk.

Worked fantastic with 1% fixed rate for 5 years, and 2,5% for the rest of the contract with variable rate. 

He is knowledgeable but he has no control over the GP.

making $150 net in month 1 because a spreadsheet said so is fantasy.here's a fantastic thread about 'cash flow' investing from California - i highly recommend it.https://www.biggerpockets.com/forums/48/topics/1159104-overl...i say all this not to be discouraging but to be realistic - hope it helps

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in. 

SFHs are largely exempt from many regulations such as rent control.

You have more control of your time when working with sellers as opposed to buyers.

Also control the thermostats so the tenants don't jack up the heat in the winter giving you a massive bill.

I'm eager to learn the ropes, connect with experienced investors, and contribute to this fantastic community.A little about me:- Location: Bellevue , PA-Focus: Real estate wholesaling, with a long-term goal of building a portfolio of rental properties.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

Now it's an out of control machine with a lot of financial incestuous relationship in the tupperware farm.I like your analogy.