Yes NY is expensive but long term wise it'd perform better then any Midwest property.

Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.

Some report to your personal credit, some lenders use your EIN to originate & fund the loan. 

In the next couple of years I will look at whether the long-term appreciation approach is practical.

Currently being used as a short term rental.

I am pro coast CA market but no one that I am aware of claims it is a good cash flow market in the near term.  

Regarding an attorney, it depends what you're looking to speak with them about - i.e. entity structure, partnerships, property acquisition, contract terms, etc.Anything related to a property or a deal can wait until the week of (sometimes the day before) contract review.For starters, I would recommend attending local investor meetups.

@David GarciaYou'll get denied for both your HELOC and your loan on the MF if you use those terms.

The second agent helped me buy the house originally.

Deal flow from Association members I believe that in my early years about half my deals originated from Association meetings or members I met (1978 - !