Class C stay indoors, don't answer the door for solicitors, and don't spend a lot of time with neighbors. 

You could easily spend a lot of capital to start with something else but doing the house hack gets you started and your feet wet.

I plan to use a HELOC with the property to do the BRRRR strategy to retire her.

The game plan would be to keep this structure for 1-2 years with future full sale.

I do not have the capital for the property to pitch in, so I plan to use the investors money to secure the property.The interest rate that I will pay the investor is 5% for up to a duration of 20 years.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Some other factors to consider - How long are you planning to hold this property?

You need a management plan in a market to make it viable.

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

Excited to see where you put that equity next—what’s the plan for reinvesting?