I focus on finding deals that meet specific criteria, and I always keep my underwriting conservative to make sure the numbers work even on a worst case scenario.Right now, my big goal is to land my first property, ideally 20+ units in Florida, and build a strong portfolio from there.

They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.

If you're looking to scale and take full advantage of house hacking, look for a property on the larger end of the spectrum, ideally 4 units.

Ideally the elected leaders can try to streamline the process like we did in FL by prioritizing the rebuilding permits & waiving permit fees.

Ideally was thinking a duplex, triplex, or quadplex to get started and use an FHA loan but I also have a private lender that can possibly help with up to $200k worth of a down payment.

With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.

I try to get it in ASAP before I put a lot of time into coordinator with potential applicants who might not be ideal tenants. 

While initial rehab costs and CapEx reserves impact short-term returns, they are essential for maintaining property value and securing reliable income streams.Recommendations: Experienced Investors: Fourplexes are ideal for those seeking higher cash flow and economies of scale.

Most HMLs I deal with for my CFO clients have minimum loan amounts, but they can generally lend up to 85% of the purchase price, plus up to 100% of the rehab costs, but the loan cannot exceed 75% of the ARV. 

Hi Nirek - I deal with a lot of clients in your similar situation.