Also, you may want to look into the tax consequences of a sale/distribution of the property differences in an LLC versus S-corp.

In our experience, property management always comes down to the tradeoff between an owner's time versus the cost of hiring a PMC.Basically, if you make $50+ an hour at your day job, why would you want to spend your off-time doing a $20 an hour job?

While I have been planning to house hack, I have started to lean more towards the idea of buying a SFH versus a MFH because I am open to the idea of roommates and from what I have read in Craig Curelop's House Hacking Strategy book, SFHs tend to be more profitable in the long run as the appreciation on SFH is greater than MFH. 

Hi Karsen,There's virtually no reason to save up 20% down for a SFR you will owner occupy.Let's suppose the choice is 5% down today with a 720 FICO, versus 20% down in 4 years after you've saved up 20%.

We were very fortunate to buy our primary in 2012 and have taken advantage of the once in a lifetime appreciation that has occurred since then.If you plan to stay, I agree it makes sense to pay a mortgage versus pay rent, I'd just try to be patient.

They are able to bill for every screw they pull out of a wall versus a landlord only getting paid for cutting sheetrock out.

I’m fairly new to BP and wanted to know what the difference between multiple family unit investing versus passive income investing?

Versus a multi family where you spread that risk over multiple units.

A 20K difference on each end is significant especially on these numbers.I prefer private lending versus HML (someone you know or met is a private lender; not HML stating private lender).  

3) Regarding rolling points & costs into a refi, figure out the total costs, then figure out the monthly difference in the current payment versus the new payment, divide that difference into the costs to determine how long the monthly savings will take to equal the additional costs.