My guess would be that it would start a new loan, but I know that there are some loans that can convert over into a different style later on and you would want to ask your lender about that because there are probably a lot of various criteria for things like that depending on the financial institution. 

Based on my financial situation, I may be able to BRRRR either way, house hacking a multifamily is the most straight forward path for me.

When quitting a W-2 job to start a business (whether it's full-time consulting, making widgets, or wholesaling real estate), the advice has always been to get your personal financial statements in order (the "Suze Orman" stuff) before turning in your resignation.

I have super good credit, but mostly focusing on increasing my financial IQ.

But I’m willing to wager that with the same amount of effort and cash, you will be able to leverage the experience of professionals, to build something of your own that perfectly fits your financial goals, limits risk to you and your family, and is repeatable if you somehow lost it all just because you chose the “hard” route.

Our lease does state that if they fail to notify us of things needing maintenance and repair within a prompt manner they can be held financially responsible and We do require they carry renters insurance so I am wondering if it is something renters insurance would cover? 

Make sure they have to give updated business and personal financials once  a quarter or at least semi-annually to annually.

I’ve been subsidizing the living expenses of my disabled mother for the past year - it’s a strain financially.

When you were ready to purchase your 2nd, 3rd and so forth properties, what financial hurdles did you face and how were you able to overcome them?

But, charging someone who is financially making a difference with their income(rental housing) to their community in the first place is totally wrong and people in Oakland should put their foot down now to stop this before it gets out of hand worse then now.