As a long time fan of rental properties, I have finally turned the corner, and plan to invest our future real estate allocation into multifamily syndications.

Hi Fam,  I finally made a profile after listening to so many podcasts and I have a question that I can’t seem to find the answer to.

Finally, my wife and I decided on house hacking as the best opportunity to get started since we decided to move from one state to another. 

@D MackHi Mack, you will need to send copies of all your lease and option documents to the title company in addition to a Purchase and Sale Agreement which will capture the final sale price agreed by the parties and a closing date. 

The final step would be to dissolve the agreement since they were most likely in breach of contract.

If you're offer is accepted you have at least 2 opportunities to see all units before closing, during your: (1) inspection, and (2) final walkthrough right before close.  

Finally, how should I think about financing/equity/cashflow factors specific to SFR's? 

Otherwise, I can well see how "the other 3/5 of the gains would be taxable because I didn't live there" (from day one).If you're thinking of buying multiple rentals in year one, guess how many will theoretically be able to avoid Capital Gains Tax after 5 years (if you only intend to live in one for the final 2 years)? 

I'm not 100% clear on your numbers so could you help me understand.To me it looks like you're buying these for approximately 70% of your final sales price that I get.

The first Buyer on this home had many many issues and I finally cancelled the contract.