I did not have your mentality at 21.I'd say you are headed in the right direction with the strategy you are considering - househacking.You'll be able to use a low-down payment option, learn to manage properties, create systems for managing maintenance projects, have your tenants pay most or all of your mortgage,... the list goes on.There will definitely be hurdles but like you said...you'll make it work!

We usually have people leave due to being unable to pay rent though and that may not be the case here.

All pay electronically through our business DBA.

One investor said sometimes you can "pay to sign" and make decisions on someone else's loan, is this really an option?

Right now, I am thinking of turnkey out-of-state if the market continues at this pace because property taxes are so high in El Paso and rent growth has not increased with prices. 

Lenders usually require 6 months in reserves / savings for property mortgage, taxes and insurance.

We still have some tenants that bring rent to the office instead of paying online.

It is important to work with a local CPA as NJ has one of the more complex tax systems in the nation.There are a couple of CPA's on the platform that are based in the tri-state area.

@Michell ChaseEvery state you own property in you need to register as you will eventually have to pay state taxes as well

Who's paying the Appfolio fees for their property?