I recommend exactly what you thought about in your post: househacking.Easiest way to get started, lowest barrier to entry because of low down payment needed, and a great way to get a feel for investing while having it in your backyard.Use the BP tool to find an investor friendly agent.

I made a deal with him for him to take over the payments on the lot, for which instead of him paying me, I would pay him $5k.  

As a follow up I have received first two dividend payments.

Our small dog likes to run along the fence and yap non-stop when she hears the neighbor dogs in the back yard (it's a solid fence and she can't see them, but she hears them and freaks out).

They prefer to see a car payment that has been paid on time for 12 months as one of the lines of credit.

If you rented it before living in it you’ll pro-rate the gain as well on non-qualified time it was rented.

Should they not do so, the hold deposit is non refundable and I am free to rent to someone else after that date.I think in the 8 or so years and 60+ houses I own, I've only had someone back out one time and I kept the money. 

Hey Folks,I'm looking for some veteran Detroit Landlords to chime in on this one: Which route is better to take with the Detroit Water Department on a rental: 1) Affidavit of Lessee Responsibility For Water and Sewerage Bills Individual Owner Acknowledgment2) Direct Payment by Tenant Agreement (Tenant (or landlord?)

A trustworthy agent is a great resourceTypically, if you buy something like a duplex rent, the other unit out and your mortgage payment difference is what it would cost for you to rent that place or less the deal is worth it.This is also factoring in renovation, capital expenditure, etc.Good luck!

On a 250k loan I can knock off about 3 years from a 30yr mortgage and save $14,000 in interest simply by paying my mortgage with my debit card and using the cashback reward as an additional principal payment.