Look in the southern half of the US: there are tons of great deals that will cash flow a ton, and regulations seem to be much more favorable down south.

Hello friends i’m currently trying to get ideas of what to do next, i bought my first house in 2018 for $268k in Utah, that I House hacked for a year and then sold it and bought my second property 45 minutes outside of Utah county for half the price $141k that i house hack as well, i’m just lost and I need some input on what I can do next any suggestions would be much appreciated thanks everyone:)

Hi Tim,I know about the 1% rule but I haven't seen it apply in my area The loan is from BMO websiteProperty taxes are high because in Canada we pay more property tax when the property is non owner occupied The property is half a duplex.

You live in half and rent out the other half. 

My partner and I reached out to the manager almost daily for about a week and a half before finally getting a response.

In the last year and a half, I bought 4 OOS SFRs (3 turn key and 1 off mls), all are doing good for cash-flow. 2 are in Birmingham, AL and 2 are in Detroit, I am actively looking for the next OOS SFR, the cash flow is hard to pass on.My dilemna is should I go for the next level up and look into a medium size multi-fam (12-30 units maybe?)

Say you have the units all rented out and are getting $3,900*12= $46,800/$280,000 = Gross Cap 16.7% cut it in half with 50% rule (includes vacany, capex (repairs), insurance, property tax, etc. etc.) makes your net return 8.35% based on simple 50% rule.

Sure, they're the only tenants who smoke who respected my wishes (out of 3-4 other examples I have in mind) but to be honest, the ones who disobeyed also didn't pay on time and half of those fools were evicted. 

I bought the house with the intention of turning it into a duplex and living in half of it.

I bought the house with the intention of turning it into a duplex and living in half of it.