@Duy Xuan Do, your logic makes sense on the house hacking front, but I would really encourage you to explore other types of rental strategies, such as mid term renting or rent by the room.

The Lead investor is the one finding the property, setting up management, raising money, managing repairs and upgrades, dealing with insurance, making distributions to investors and completing all the tax documents for the investors. 

What type of property is it?

Purchase price: $650,000 Cash invested: $150,000 Sale price: $770,000 townhouse development What made you interested in investing in this type of deal?

I've looked a couple of their current construction projects and have mixed feelings, but I am new to the game and am trying to determine what type of deals I want to add to my portfolio.

Document everything.I just had a guest at a property that I manage ask for a full refund for a stay he booked last minute, ignored paying a pet fee, ignored my request for the pet fee, asked for an early check in.  

So there is interest in these types of homes but I’m second guessing myself now if they are just to small and not so practical with such a small yard space.

Highly recommend using leases as well as legal documents from Evict.com.

You are opening yourself to potential Fair Housing violation if you make an exception for this type of tenants, but not for all.

Furthermore I would encourage you to ponder what type of investor you want to be.