However, if your GC friend or their colleague was willing to be part of the loan that shouldn't be a problem.Here are some thoughts on your questions about building a new property versus buying existing ones:New construction: - Potential for Growth: Building a new property can be a great way to create exactly what you need for house hacking, especially in a market with low supply.

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Lesson learned - always take first + last + bond  Great call out re the late fees rolling into the rent  Our lease does not have that in there - but I am going to be sure to add it for my next tenants.  

I have non - recourse loans available with a better than average interest rate and a great LTV.

From my experience with my investments & my clients, a great real estate investment portfolio starts with the end in mind.

I have the opportunity to purchase a fully gutted building at a great price.

They proposed higher than market rent, but want to keep 2 people from thee organization volunteers in one room in future.We checked the website of the non-profit organization, their program include several categories, including helping international children to school, housing for the homeless, etc.

There are some areas to stay away from and areas that are great.

It is a great market to invest in for both SFR and multi family, although out of state investors have been pushing prices up on multi family more than SFR.

Accept furnishing and management costs.4) OtherWould greatly appreciate the community's wisdom on this.