Stepping way outside of your expertise is how many investors got their heads taken clean off during the last recession.

So long as you show you have followed the appropriate steps / the law, you’ll be fine.

On the financial side, this method allows you to have all the regular financing options you get when purchasing a property in your own name - since that is how you are conducting the transaction.

If your mentor is only mentoring advanced stategies well then you are skipping a step from the start.

Hey guys! So my cousin and I just recently went in on our first home together! Well, technically, this is the second house we've purchased this year.....Anyways, we paid 225k for a cute little two story house. Fortuna...

This is exactly one of the house hacking methods that works well.

I have been using the copy and paste method as well.

Each step has its own set of challenges. 

Worst case scenario if the deal falls through is you’ll have taken steps to build those relationships for when the next one comes around.

Now that the building is mostly passive income I'm wondering what my next step is.