@Ben Stanley If you are talking about a house hack where you rent extra bedrooms that will be a little different than buying a 2-4 unit property and living in one of the units.

The first floor features a renovated kitchen with a large island, connecting a cozy sitting room, a living room with a 55" TV, a dining area, and a spacious back porch.

I specialize in lessors risk and commercial policies in TX and live in the galleria area.

I did tell the current tenants that if the wife and child move in, it will be an additional $100 per adult and $50 per child to account for the wear and tear on the property.

I am very confused about if my 1st property should be the home that i live in or should I buy an investment property?

The main pro for building would be the ability to control where I live while living in the house, whereas most multifamily homes are within city limits and not my preferred choice of dwelling. 

Closing costs vary but are usually at least a few grand in addition to the origination fee which tends to vary between 1-3% of the loan amount.We have a simple yet detailed fix and flip calculator (cash flow tool) that clearly accounts for all of the relevant costs and gives you a sense of net profit, ROI and total cost associated with each project.

I actually grew up pretty close to Hartford and all my family still lives there but I am house hacking north of Boston and will likely stay here permanently.

We live and work here in the Smoky Mountains Vacation Short-Term-Rental Market, but I would be glad to answer any questions you may have.

Quote from @Jamaica Perry: You need to get 50-100 units to really make a living, which means you need some quick growth.