With the addition of 2 kiddos, my family has recently relocated back to MA.

Additionally, it can help you save money to invest in your first property.House Hacking: House hacking is an excellent strategy for new investors, especially those just starting out.

If I get an answer of "a month's rent to place a tenant, 20% of rents and I keep all the late fees", then there wouldn't be any additional questions from me and we'd both save time.

That would eliminate a big portion of the financing that it takes to acquire a property and get it up and running.

Hypothetically, you could acquire a killer deal that cash flows $200+ monthly.

Currently, I have only been searching property listings on the MLS.I am seeking advice on whether to purchase an additional primary residence now with 5% down and rent my current owned home, or wait 3 months to save the full down payment for a rental property.

I have the parents co-sign and I and additional landlord insurance to cover any f*ck-ups they do.Works like a charm..

They should have simply returned your request denied and not shared any additional details or motivations.

We took a tactical pause, built up the warchest with cash flow from these three properties, did some additional rehab to further tenant-proof our properties, and continued scaling from there! 

Thanks for the additional feedback.