I think that a new partner a very large real estate development co. that the company now has a relationship wanted it there where his company is also .We have very different definitions of a Hard Money Loan. 

.: @Robin Simon I’m looking to put at least 5% down in a loan and use a larger portion of my capital to buy down the interest rate to take off a couple of points.

The biggest downsides are that they usually have higher rates and require larger down payments.

I bought a few more duplexes and graduated into larger deals.

Many here are most likely in this asset class and have dealt with evictions so they favor a larger guarantee and don't mind a hefty turnover if the tenant stays 5 plus years as the higher grade areas there will be more turnovers than that though the charges will be less per turnover. 

Then you could keep an eye on the larger house you're renting out - or vice-versa. 

If this is your entire savings, it might be worth waiting and building up a larger safety net.2.Savings Potential:How quickly can you add to your savings?

.- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?

House hacking with two children can be tougher than expected because you will always need to take a larger or the largest unit which will reduce your cash flow on the property even more.

NOTE: A lower OER indicates a more profitable property as a larger portion of the income is retained after covering operating costs.Hope that helps!