@Philip Wilson as others have stated, house hacking is a much lower risk strategy and it is also going to be way less stressful!

You will sleep better this way instead of stressing about a few dollars.

But for most ppl, its just a life-sucker that only is an incredible source of stress.

When sending an email to investors with your new deal, you can also add a soft commitment button, and start building a list of interested investors.

After lots of consideration and many stressful hours of plotting and thinking, I have decided to drop out of college and begin my career in the real estate world.

I have an incredibly stressful job as a professor, commute 2 hours per day, homeschool my 9th grader (she’s pretty self-sufficient) and own and self-manage 13 units and about to grow to 50 units…and quit my day job finally…yes it is hard work (and my husband is definitely neglected but he has a $3M net worth now so…) you can do it!! 

So you'll probably want to stress test your current assets for different leverage levels.

I'm not overly stressed here, but know that this deal has equity that can be made and used to fund my next deal.

In these times, I'm regularly grateful that most of my retirement income comes from rentals - good tenants, good properties and great cash flow = a relatively stress free way to make money and own an asset that is likely to keep appreciating. 

PorterThose are the parameters I use to stress test properties to see if a city meets my criteria I have already identified cities in Ohio that do.