Remember, the goal of house hacking is to reduce your housing costsThe property must be cash flow neutral or cash flow positive at the current rents if you were to never move in.

This is important to note because private lending will typically accompany a higher interest rate which reduces the amount you will qualify for.

Any idea to get homes cheaper considering I can’t get more than $750 so buying brand new home may not be a good idea.How can I reduce eviction rate and bring tenants to pay by 5th of every month (I am thinking about selling the homes to residents and collect lot rent but most of the residents can’t afford to $12k outright for homes and I am not sure rent to own or owner financing is allowed for 28 homes by government).

Really worried, we won't have access to my carport and will all be reduced to street parking.

I am hearing that drawing on it reduces your FICO 50-60 points, and then your DTI ratio also goes up.

Cap rate compression is real, and the risk premium has been reduced.

If you want the process to go smoothly and reduce headaches, only see multifamily homes with at least one unit vacant so you know that will be open for you.

Many investors make good money, but they are miserable.There are several serious assets a person should have before they jump into real estate investing such as:a) enough cash to handle the unexpected repairs, vacancies, tenants who don't pay rent and legal costs,b) enough math skills and many other experiences about properties to understand whether or not the purchase of a property will result in a profit,c) enough math skills to calculate your profit at the end of every year and this includes understanding enough math to calculate your profits from depreciation, rent income, rent increases, property appreciation and increased property value that results from rent increases e.g. using the Gross Multiplier.d) the mental maturity and skills it takes to deal with tenants who, who destroy your property, don't pay their rent and then to deal with evictions and attorneys without getting stressed and going insane.e) be knowledgeable about real estate rent laws andf) ability to produce accurate bookkeeping records for banks annual audit and the IRS audits.So, when many people ask if the real estate business is good to get into I don't think it is right to just tell people, "'Anyone Can Do It".

We've even had Section 8 tenants w/ 700+ credit scores- The checks keep rolling inIf a property is in a mobility area Section 8 will pay 13 months rent on a 12-month leaseWe don't have to reduce our standards to accept a tenant that uses a voucherNot a fan of this for social reasons but because we don't reduce our standards there are many good tenants who stay in the program for a long time and the checks keep rolling inCons of Section 8Section 8 administration is an example of how not to run a business.

I am planning for rates to increase incrementally over time, though I admit a 2-yr. 3-fold increase would reduce my cash flow by a lot, which would be too bad (still positive, though).