Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

Hello everyone, my name is Max. I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field. Excited to learn and grow together.

Hi Lynette, I'm a Managing Partner at a company that does Full-scale flipping, lending, development, and portfolio acquisition, amongst other things! 

@Asher M.Possible, yes but like your lender pointed out it's going to be difficult to pass the self-sufficiency test (SST) for a legal 3-4 unit property.

I am not yet familiar with the management fees for an STR yet as we self manage, however Cleveland itself is currently STR friendly and just requires them to be registered if you have stays over 90 days and then you register with the city and pay $35.

Most of the people that I know that seem to have high net worth you just kind of develop it more accident than on purpose.

While there are certain features that are cleaner and modern, the majority of the system is not ready and there does not appear to be any updates coming down from development.  

I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA. 

If a property needs too much work upfront, it may not be the best first investment.4.Factor in property management costs—even if you self-manage.

There are/were developments going on last I was out there but not enough for me to want to pursue it at this time.