I have no need for the rent collection or tenant screening as this is a function my property manager does for me.

I am looking to get into the real estate game early and learn as much as possible, especially about house hacking and possibly short-term rentals.

I know long time right but I would go to real estate events, REIA meetings so on and so forth, but they wouldn't give you all the information needed only bite sizes so you could purchase their costly programs.

They still need to have license.The only disadvantage that I'm aware of is that if the insurance goes bankrupt then the state would not step in and pay you if the state has any money left.

Your requirements to defer all tax are to purchase at least as much as your net sale and use all of your net cash in those purchases. 

You only need a place to track tenant information, payment history, maintenance, etc.

Thanks so much! 

Give them 24 hour, written notice that it is happening and do what you need to do. 

Next month I'll show you the updated score with my balance paid off, it should shoot right back up again.You don't need to do this all the time, but I make sure to do it for the three months before I take out a loan.Image 1Image 2

Now let's say you put your own sweat equity into a home that needed some work (so not a new home), I would say a cash-out refinance may make more sense two years after purchase where you possibly could take out cash.