@Matt Meier, it really depends on your credit score and down payment amount.

Coverage would be close to 100%, depending on the interest rate and what rental revenue is assumed during the purchase. 20-25% down is fine.

Whether or not househacking would be “worth it” depends on your criteria.

Hey @Spencer ElliottI guess it would also depend on the 'builder's experience as well.

Looking for guidance from this amazing group:Opportunity to purchase a condo for a STR that will not quite break even from a cash flow metric (obviously depending on financing option), but I'm good with that.

A Class A property in a Class D neighborhood MAY attract a Class C tenant, but chances of getting a Class B tenant are even lower.3) Property Condition: this one is where there is a lot of variance, depending on market conditions and asking rent.

As long as you are not understating any type of income - and I am taking vary broad view here - - and you are not, overall, defrauding the US Treasury.  

@John Dawson the best thing I can recommend is 1.) find a mentor you get a long with who is willing to show you the ropes and just be willing to grind like your life depends on it.  1-3 years of that will set you straight, so long as you're putting your clients first, and doing a good job.  

@Ademola DawoduThe process to evict a tenant from a unit in Los Angeles when you are purchasing a 2-4 unit multifamily property depends on various factors, including the terms of the existing lease agreement, local and state laws, and the reason for eviction.In general, if you plan to occupy the unit yourself, you may be able to use the "owner-move-in" eviction process.

It depends on whether you are seeking a debt or equity partner.