Hey @Reyna Ayala, simplicity is key to setting yourself up for growth without all the headaches.

Meeting critical dates is the key to nailing a successful closing.

Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...How Do DSCR Lenders Calculate Your Interest Rate?

The only situation that I think it would make sense for you to start investing right now would be if you are not investing the full $200,000 and are looking to take some money off the board and put it into a safer investment.

House hacking is a fantastic way to start, but preparation is key.

Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.

For a the new investors I work with, I recommend to look for a turn key deal.

Alternative is to get a board certified real estate attorney to assist you.

Given everything you've shared, one key thing to consider is flexibility.

Send me a message if you would like a copy of our7 CRITICAL STEPS TO PREVENT A TENANT NIGHTMARE BEFORE HANDING OVER THE KEYS