As Phoenix, Miami and others were "burning" in 08 others were doing okay (0 meltdown)

Hey @Robert Burns, When you are doing cold outreach it's all about volume.

This is something because of the debt used that can cause you to crash and burn really hard if you don't have reserves.

Not sure what your situation is as far as a job or marriage or anything else that may be holding you back, but if you really want that dream you need to go all in, burn your ships, develop an abundance mentality and make it happen.

As a fellow New Yorker myself I can tell you that prices will not make house-hacking easy or even worth the time and money your going to burn through.I highly recommend attending various networking events and deciding what kind of investing you want to ultimately do (I'm assuming this house hack method was designed to help you achieve something long term). 

I've been burned before so I'd rather walk away from a deal with a tenant like this, yet they seem like a very good candidate match based on their current portfolio.

It sounds like you’re working long hours already and eventually you’ll burn out or reach a point where you don’t want to continue that hard path and you’ll probably want to work less hours which is why a lot of us get into real estate in the first place, to take back our time.

Martin Burns (253) 507-5586 or  Ed McFerran (253) 471-1200.

If you live out there you might buy a burned out house and rebuild.  

The insurance replacement cost of $236K might be a bit overkill unless you're planning on burning the place down (just kidding!).