If you are taking about dropping a million cash into properties each year, then yes you are going to want to have some type of reasonable corporate structure, but if you're talking about 25% down 100 grand properties with bank notes, all you really need is some decent insurance.

But hey, I’m learning about it as we speak—always room to grow! 

Here’s some helpful info we picked up along the way.If you want to live close to Uptown – maybe because you work there or love having lots of options for dining, bars, coffee shops, and more – consider areas like NoDa, Plaza Midwood, South End, Villa Heights, and Optimist Park.

I do agree with @Joe Gore  and @Rick Harmon  that there’s always room to learn more in this business; I’m learning every day.I also agree that Bigger Pockets articles and forums are a great resource for free information on Notes.

., I would map out the room using a laser level just to know what I was dealing with first.

Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.

I assume you are probably losing a few of those bedrooms for living rooms, kitchens,  hallways, stairways etc. if converted from 2 to 3 units.  

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.

However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from September to October, bucking the seasonal trend.

Hey Paul, I would highly reconsider doing rent by the room.