Flipping allows you to build up capital to then use to buy passive investments.

“Why questions” allow you to find out about issues you did not know existed, pain points that you can solve, and “black swan” desires that can net you amazing deals.

Watch the BP podcast and join local meet-ups in your area to get to know local investors so you can see what's working for them and that will allow you to learn about your local market.

That being said I know a lot of people cold call people in pre-foreclosure and I’ve seen the letters and scripts people use but I was wondering if you were allowed to advertise that your buy pre-foreclosure homes.

Let's just say, the value in PMing my own properties is really only available because of the control it allows me to exert and maintain things to my own expectations.And those expectations are also why, for me personally, even with checks and balances, outsourcing is not an option.  

If you strategy is to build a rental portfolio as fast as you can then, you want to refinance at the highest available leverage. (75%) That allows you to preserve your capital so you have down payment money for your next deal.

Those allow us to roll in our rehab so we aren't coming out of pocket as much.

At that point we would refinance and take complete ownership of the property.Questions:1) It is my understanding that in Utah we are allowed to split the title of the property.

But it will still allow you to afford a SIGNIFICANTLY higher price point than if you did not house hack.  

Hi Bauclair,I'm assuming you have an inspection contingency clause that allows you to back out of the contract?