Quote from @Timothy Frazier: Is it a bad idea to use a hard money loan as a downpayment for a turnkey property?

@Connor ChatlosDenver and Chicago's high property values make multifamily properties ideal for house hacking.

Quote from @Jonathan Small: @Dan Maciejewski I agree that property managers can make or break a deal. 

My profile has my YouTube channel and I have an episode that shows you exactly how to create the comp set and look at amenities that matter, what others are paying for cleaning and how other listings look - that way you can see how to best market your property. 

With HML at least you in theory can vet the property and keep a low LTV to ensure you can be made whole.

Property taxes, income taxes, sales taxes, declining population, unfavorable rental laws, winter weather.

So to clarify, you CANNOT live in a DSCR property as DSCR is business purpose only and that is not allowed.  5-10 units can also qualify for 30 year fixed DSCR loans as well. 

I'm an aspiring investor and looking to acquire my first investment property.

I live in Central MA and am looking for a new property(s) to buy and hold in CT. 

Any listed property that claims it would cashflow is likely in rough condition in a tough area.