I'm very interested in house hacking a multifamily, but so far there don't appear to be a whole lot of multi families in this area.  

Best of luck on achieving your goals!

Central to everything - Whole Foods, Trader Joe’s, Starbucks are all signs.

So if the market value of the whole poperty is $60,000, that would include the land. 

Personally I wouldn't bother doing it I'd want the whole place to myself and I don't like the kind of guests that would rent one room while someone else is in the other rooms. 

Hello BP forums, I am very new to this game and i'm in the works of making my first deal ( Im looking for a 3-4 unit multifamily house.) my question is about the payment on your mortgage. should you rely on the tenant's rent in order to pay the mortgage or should you be able to fund the whole thing your self form other sources. 

If anyone ever wants to be added to that mailing list just contact me.In the market report last Sunday I found out that the Wichita area as a whole actually depreciated in value when compared to this time last year by 0.72 %.

We will then transfer title to the LLC upon closing (we have received lenders permission to do this).My question is, when we come to purchase another property will the lender view me as responsible for the whole mortgage debt and only 33.3% of the income?

I would not use it as a reason to check the whole house, but you can probably see everything you need to see with a brief scan of the place while getting the dogs leash or making sure it has water.

They make products that kill mold and will walk you through the whole process to treat it yourself.