Quote from @Kevin L.: I qualify for up to 850k at the absolute MAX and I am able to pick up a 4 bed 2 bath in the San Gabriel Valley.

@Andrew L.

Quote from @Nicholas L.: @Gary Starkyou should still house hack if you can. 

Quote from @Nicholas L.: @Nick LongI think you're overcomplicating this... if it's a fixer, once it's rehabbed, just refinance it into either a conventional investment loan, or a DSCR loan.DSCR loans don't have the 12-month clock - you can usually refinance 90-180 days after purchase.  

I could have started this reply with C H I L D I S H but I didn't. 

Quote from @Nicholas L.: @Stephen FrazierI'm not 100% sure what you're asking, but I would strongly recommend against buying something with 100% financing where part of that financing is a HELOCYou will probably just lose moneyIf the home is owned free and clear, maybe the kids would do seller financing? 

Then I can do a P&L by Class to look at the numbers for each property.

You don't close until the property is delivered in the condition stipulated in the contract,l.

Quote from @Nicholas L.: @Allan Kapoorhave you been to the area in person? 

Hey @Diego L.