But this was an awesome opportunity for me because this is my first living situation where I will be on my own (and getting used to paying a rent/mortgage) but this will put my overall mortgage on a 400k house at roughly $2000 a month for the first year!

@Jerry Zigounakisi'd pick a market close to you, or one you have strong ties in, rather than trying to get to one via math.can you invest where you live, or 1-2 hours from where you live, or where you like to vacation, or where you went to college, or where you plan to move someday?

After 25 months, If they can prove that they lived in the property for two of the past five years, they can sell it as an owner-occupied residence.

Working horrible job, living horrible, no golden streets of opportunity found.

@Isaac TerryIn terms of it being worthwhile, just like most other markets out of state if the barrier or entry is too high where you live, the landlord laws are not favorable where you live, and you are looking for positive cashflow then Cleveland can be a good option.

Hey BiggerPockets Community,I’ve been investing in co-living real estate since 2020, and over the years, I’ve met countless investors who get their first deal (or maybe their second)… and then stop.They don’t stop because they want to—they stop because they hit a wall.Somewhere between Property #1 and Property #3, investors often find themselves stuck, unable to scale the way they originally envisioned.

He lives locally, is very responsive.

Refi the house so they can continue to live in it, they will get the best loans on their primary residence.

For scaling your portfolio, consider house hacking another multi-family property to minimize living expenses while building equity.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.