I plan to take the risk ASAP and am looking at a rental property that I plan to house hack.

Just under the 1% rule at close, but we plan to convert 2 units into furnished mid-term rentals at premium rates.

Not sure if he goes to Austin or not, but I have used Jack Matson - Jax Aerial Photography - for our mid term rental in Temple.

I've now owned my first rental property for about four months and am now looking to purchase my second property.

Solid paycheck and you will quickly learn what makes a good rental, how to manage rentals, policies and procedures, and much more.

@Hai Loci'm contemplating something similar; i can get 80% LTV. i bring in a cash partner for the downpayment on an investment property we turn into a vacation rental.let's say the pp is 100k.1. partner puts in 20k (and has this as lien on mortgage)2. i manage the vacation rental over the summer.3. we split cash flow (with property management fee considered).4. then we split equity  .is this essentially what you're outlining above?

We will be looking for an sfr or duplex to buy and hold as a long term rental just to get in on the wave of the rising economy , while it is still affordable.

I moved out of Unit 1 last August to move into another rental unit closer to my fiancee's office. 

I would hire a pro and return to original condition on rental and bill the deposit. 99% of tenants will do the bare minimum and it will be crap.

One is a furnished corporate rental and the other three are market rate unfurnished rentals, right in the heart of St.