Yep same when he goes over the % rule in ch 5. 2000 rent  / 300,000 pp = 1.5% mmmm NO.

We want to begin by house hacking with a duplex in order to eliminate our current rent payment and have more cash to invest. 

I was told that on a NNN lease, brokers should take a commission of X% of base rent (price per SF x SF) - not total rent (which includes NNN).

I believe the primary issue is the 20 year term on a typical commercial loan.My current focus is on buying and hold duplex properties, and around me that put the total acquisition costs around $200-250k, with total monthly rents being 1.0-1.3% of the purchase price.  

I fill like my due diligence would require the guarantor/co-signer to fill out the application because I now have to vet them to guarantee rent payment. 

The biggest downside in the system is that our rents are significantly higher than mortgage payments would be if we were able to purchase at the beginning. 

The short term rental is more aligned with my long term goals, but it is just skipping ahead by a few years and skipping over the 3 long term rentals I had Initially planned for my portfolio.Do I keep the property and maybe drop the rent under market value, while also coming about of pocket until we find new tenants, or sell and use the equity towards short term? 

FHA streamlined (rehab <= $35k) - is it realistic to add enough value with maximum rehab cost of $35k in this area to add value to property/rents?

Of course your lease agreement and lease amount should reflect that in a way that it incentivizes them to take the deal... don't expect to get a good deal by charging them market/above-market rent if you *really* want the property. 

i'm curious about the rental numbers on this property.what will it rent for?