So BRRRR would never work with the example you gave, the ideal BRRRR involves you creating 25% equity in the combination of purchase and rehab.

Ideally I would like to find a multi-family house, where I could occupy one of the units and house hack.

We would like to use FHA or low down payment conventional financing, so purchasing as an investment and then moving there is not ideal (or legal based on mortgage fraud I would think).I spoke with a lender and they were saying they cannot loan on CA income.

Ideally we wanted to renovate their unit, but because they paid consistently and on time we focused on the many other repairs we needed to do.

My day job is at the anschutz medical campus so ideally, the location wouldn't require me to commute longer than 40min each direction.Thank you!

I rent it long term rental for 1000 a month and current market value is around 115k for the condo.Do I use the equity in the condo to buy another property or sell and then buy another property.I would ideally like to buy somewhere south where it is warmer.Thank youNick

The property will not make money, I would ideally have a roommate to help me split the mortgage. 

I would ideally like to reinvest in a larger multifamily, 10+ units, where I could justify hiring a property manager.In regards to the HELOC I actually have a $0 balance.

The crime is not ideal in this area but not at the point where my wife and kids have ever felt threatened walking down the streets at night but again, something that I will definitely look deeper into.As you mentioned this is the MLS listing and the numbers that I ran were for th asking price,   All of the valuable insight that you have affected really gives me the info needed to either walk away or make the appropriate bid on the property.Thank you sooooooo much for taking all of the time and effort that you put into this eval, I can’t begin to express how much it means to my wife and I.Thanks again,Tim

Ideally, house-hacking would save you money on living expenses which allows you to throw more money at the loans.