I am new to the game and using the FHA loan has just seemed to be the most common way to house hack (at least in terms of what the resources I have read have said). 

The GC and the sub ended up sharing in the cost mostly (I think) because it was better than the finger pointing game that had already started, and realistically the attorney's were the only ones about to win...

@Stuart UdisAll great comments, seems like putting skin in the game will be a reassuring factor for any potential investors.

The deposit amount when working with a lender comes from the lender - it is basically the amount of skin the lender wants you to have in the game. 

Sure, you can make a few quick trades, but the playground monitors (a.k.a. the law) might notice, and you’ll miss out on the bigger opportunities and loyal customers.So, while skipping the license might seem easier, it’s not the best way to win at the toy game in the long run.I have this talk with 10-15 people each month at our Free Meetups here in MA, NH, and ME.

I have invested in real estate casually in the last several years, and am looking to step up my game by learning from those willing to help, and succeeding with real estate. 

They're the kind of pros who can dig into your plan, give it a good shake, and offer smart advice on everything from portfolio strategies to tax stuff.Sounds like it could be a game changer for you, right?

This is super helpful and I can't emphasize enough how this first sub-to purchase has been a lesson in "I don't know what I don't know." 

And then your REI income matches your W2 income the first time etcTo your question: equity is the name of the game.

I am new to the real estate game.