Just skimming the subtitles, it seems like a few areas are definitely a snooze.

If you can put $80,000 down that's do-able in the Midwest but don't stretch yourself financially too much. 

Hey Crystal,I'm a 2x house hacker here in Los Angeles and a case study in the House Hacking Strategy book published by Bigger Pockets.What you want to do is doable but there are some nuances you need to be aware of (rent control, tenant occupancy etc.).

It makes the process seem very doable. 

Happy to answer questions in OKC, but if Tulsa is your goal I do think it's doable! 

I got pre-approved for 250k but would rather spend <200k.is this doable?

@TARAS KOKHMAN it’s doable but the seller will need to subordinate to the HML.Meaning that the HML will be in first position lien and seller second lien.

Just be aware that this stuff is all doable. 

My concern with this is, our monthly payment on the new house ($500-600K house w/ 20% down [$100 -$120K] = ~$3500/month) plus the private loan monthly payment ($1000) would make things tight (but still doable) for our monthly expenses which is not my favorite idea.

It won't be easy but it is still very doable out in the midwest.