I'm curious though, is it a bad idea to buy something that isn't a deal and won't cash flow that much if you're house hacking and just trying to get started?

@Paulina Chase Hello, great choice joining BP.

If the rules allow a bad title report to give you good cause to renege on your title obligations, then no, you should wait until you win the property to do a title search.

Purchase price $170K25% down: 42,500127,500 Financed over 30yrs @ 5.250 (Of course, yesterday the feds rose the interest rates.)Out Of pocket: $51,000 (Includes closing costs($10,000) and down payment.)Expenses: (Month)Mortgage: $704 @5.25%Taxes: $416Sewer:$150Insurance: $83.50Oil Heat: $50Misc: $100Total: $1,503.50Income:Unit 1 : $1000Unit 2 : $875Unit 3 : $800Total : $2,675Yearly:Income $32,100Expense: $18,042Total made after expenses: for the year $14,058Now for the amount i'm putting down would you consider this a good or bad deal?

Is this a clever way to beat out the competition to get a property you want or is this a bad idea?

Well, probably any of these places can be either good or bad choices, just need to get as much info as I can.

I signed up for Bigger Pockets Pro and calculated my numbers to see if they work out for me going forward or are they just bad deals.I am going to start looking at properties to buy this weekend and was wondering if anyone would like to take a look at a few reports I’ve done.  

In fact, most MFs are valued off comps regardless of how good or bad the income is. 

It's really a choice of working with tenants or working with someone managing tenants - it's work either way.

If I had a choice, and I do, I choose REI.