Of course it depends where in the USA you choose to start, but let's guess using averages....With $50k to start with (as a 20% down payment on a rental property) you can purchase a house up to about $250k, right?

So let's say the rental house is valued at 100k and you don't have a mortgage.

Also at this time, your stock portfolio would continue to increase in value as well.Step 3:  Refinance your rental property. 

Have you looked at duplexes or a house with a legal suite? 

We went to go see a house that is below market value however, the house needs quite some work. 

I am currently a 21 year old college student looking to house hack in order to save money on living expenses.

Basically a lot about this house was misrepresented.

These may be crazy or dumb ideas, but I don’t really know anything yet  I bought a house in 2020, but a lot has changed since then.

If he would just be doing the rehab work on the house (I am the money, property finder, everything else in the process) would you think it would be OK to offer a 60/40 split or 55/45?

Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.