I'm a small business owner and my wife is a real estate agent (and ex interior designer), we both have 700+ credit scores, but not enough cash on hand to cover the difference between the usual 70-75% loaned by hard money lenders and the total cost of projects in the Tampa area.  

Hi Folks,I recently want to re-evaluate my rental properties insurances as well as looking into umbrella insurance to cover them.

My plans have been to buy a multi family here in San Diego house hack but with the market being highly priced in SD my tenant would really only cover 50% of my mortgage but still allowing me to save money for my next investment and ultimately move out and rent out the entire multi family home or my other plan is to buy out of state, cheaper market, less money to get in and start to get cash flow from that property before purchasing in San Diego.

Based on my current experience with this compared to #1 and #2.There is an advantage to cutting your teeth on something easier up front...that being said I think you can buy bigger and do a Great Job focusing on inspections to cover your back side, and get best of both worlds.

They may not be willing to leverage as much or fully cover rehab for someone new especially if you're doing the work yourself and not with a GC or sub-contractors. 3.

Tucson’s urban sprawl covers a vast 230 square miles.

My wife wants to take 20k less on the loan and bring in $25k at closing to cover costs and bring the loan down for when the market swings and rents go down.

Pros: -Most major cap ex fixes are covered-A lot less to rehab if bad tenants- great HOA can fend off bad neighborsNegatives:-If problem happens between units can be a headache-tenants tend to not stay as long-bad hoa can cause some issues There is many factors for you to determine- each situation is different

The win for them would be a high cash down payment for them to purchase their new home, but i assume they would end up still with a small payment covering the difference on their current home which might affect their ability to get a new mortgage.

This can now covers your Loan payment.