It's south of Grand Rapids, MI, and near Caledonia, MI.  

A quality contractor is worth their weight in gold.B Hard Money Lenders1) Do HML typically finance 100% of a deal or do they want 10% down?

If you see another RE market that you like better for investments for one reason or another AND you have the geographic flexibility to move there first AND it is somewhere you would actually want to live, then by all means, I'd advise moving their first to house hack ... having said that, I will also say that if you learn and know what you are doing, you can find great deals and make great money investing in RE in any market in the US, so of those criteria mentioned above, I'd more heavily weight living somewhere you would enjoy living.

Income and debt are just opposite ends of a scale: put your money on the side with the greater weight (aka: rate).

He's just as dedicated as I am, and we're both climbing the ladder to success at a rapid pace. 

Your condo does have some measure of gap between these two sums, but its still tight and your HOA dues are a dead weight dragging down your cash flow.  

Here are my observations based on the listing and drive-through:Selling price is 300k+ and estimated ARV is 600k+ as per seller (rapid equity building opportunity)current NOI is ~40k.

RE expense is not really given much weight.  

Hello Folks,First of all I want to thank the community & BP to bring together so many great resources for light-weight investors like myself.

When you factor in other obligations, your debt to income ratio at a personal level may affect your ability to make substantial or meaningful investments that rely on your personal credit.About real estate investment strategy, the margins on a rental business model can be thin at times (there may be a few exception to this), unless you invest in a market where that is being offset by rapid growth in the value of the property.