I don't use padsplit (weekly rentals); I rent on long-term leases in B Class neighborhoods.

Just don't combine old and class D unless you have a very good reason. 

I can say from having taught classes on these loans that your contractor will be the biggest key to your success.

Quote from @Sat Palshetkar: Hey,I'm a first time investor in real estate and my wife and I are planning to invest (with house hacking) in Windsor, Ontario, Canada.

If first time home buyers are having a difficult time coming up with the funds for even the costs to play as a first time home buyer then are the non profits supposed to pay the buyers agent commission too? 

Buildings are old and mostly C class and newer and in B class are substantially higher in price and not much cash flow but appreciate more. 

Quote from @Chris Primavera: @Nick Velez thanks for the info and I have heard that the Gatlinburg area isn't necessarily a great market for your first investment because of the competition and amenities. 

It's a spacious 4br 2.5 bath with finished basement in desirable school district in a B Class neighborhood.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $190,000

Cash invested: $62,000

On market as of 11/30/2024. Receiving lots of interest and good feedback but no buy...

That's exactly the strat for now, some more Airbnb's and a House Hack for the first half of the year but a House Hack DP in NJ is still 5x more than a DP on a SFH out of state in some markets.