By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.

We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.

Its good to see that there are no issues at this point. 

We issue each investor a monthly check for their % of each monthly mortgage payment. 

I believe our team will continue to meet the level of service you expect in the future, but should you need anything or have an issue, please reach out. 

A grand negative cash flow is not the issue.

This is not just a racial issue. 

Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you

Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).

I’ve taken time to study markets in each state and identified a few promising opportunities.