.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI haven't gotten insurance costs yet but it's been suggested that I plan for $2k per year. 

Each has its pros and cons, but starting with House Hacking can be a great way to ease into real estate while keeping your living expenses low—perfect for someone just starting their career.Here are a few suggestions to get started:Education: Books like Set for Life by Scott Trench (sounds like you’re familiar with him!)

I am a little late to the game and have been told several times throughout my adult life to invest in real estate, but I ignored the advice.

Who covers the tax bill when they don't pay the tax bill or the insurance? 

I know life isn’t always fair, but these laws and regulations are outright oppressive to landlords.

Cashflow on a spreadsheet vs. cashflow in real life are very different things, too. 

You’re trying to ruin the biggest benefit of the life in flip. 

Given their age and position in life… mailbox money flow forever sounds like a good start to retirement to me!

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

I have renovated 12 houses in my life and just finished renovating a 1939 bungalow in the Oakland Hills and building an ADU on the same property out of the garage.Anyone who answers the presented question with solely a "yes" or a "no" without first referencing their local city's or jurisdiction's building code would be guessing.