Hello everyone, I have my first 4 plex under contract and I’m planning on house hacking it.

A quick search suggested that the following surveys could be completed in the diligence phase of self storage facility acquisitionBoundary Survey: ALTA/NSPS Land Title Survey: Topographic Survey: Site Planning Survey: Floodplain Survey: As-Built Survey: I'm curious which of these are necessary versus nice to have

If you're planning on using traditional financing, your DTI will come into play.

And planning to take rent via cashier check/money order. 

Let me know if you had any plans in mind on the build, did you want to have drywall, wood stove, pellet stove, furnace?

This is more for future financial planning, but it will incorporate REI for the meantime.

I think @Scott Trench brings up a great point when he says "Many investors who don't know what that inflection point is will continually leverage thirsting for more, and ultimately wish they’d listened to Dave", but I plan on borrowing until the grave if the numbers make sense for my children and grandchildren.

I have quite some questions that need your help: For tenant screening, I plan to do the routine background (eviction, criminal) screening and credit check.

If you love the events, you have to plan and adjust to make those.

I definitely plan on paying for the pro version (it’s like $75 a year or something).