Hello:I wanted to get everyone's opinion on an issue - analyzing a standard deal vs. a prospective house hack.Here is-are the hypothetical-facts:Let's get say for the sake of this discussion, my target for a standard deal is 12% CoC return when running the numbers on a standard multifamily deal.Let's say I currently pay $1500 a month in rent.

I understand the value of networking and making connections, so I don't want to shut the door on the idea of working with other agents in the future to help me find and purchase properties.Second, does having your license in one state make it easier to get your license in another state?

Some servicers are easier than others to work with in regards to getting a sale cancelled. 

She suddenly remembered wires that she had forgotten for her TV (she had 2x 5" holes cut out of the feature wall to hide her cables, without asking) so it was easier to have her reputable painter guy pop in and cover up the holes and remove her last items without me having to see her again.My fault for not just getting it done myself I suppose but she is the sort of tenant that uses Court Action in seemingly every sentence and was seen taking pictures of everything when she left and even took a picture of her notice taped to my front door so I was trying to minimize any court action by at least keeping her in the loop of all the damage so I could get her replies by text to use if she decided to challenge my return deposit amount.She did admit to the burns in the carpet (stupidly putting hot coals from the fire in a plastic home depot bucket) and argued that it wasn't cat urine but vomit as her cat had cancer (but obviously didn't think to clean them or have them professionally cleaned).  

The properties I'm targeting are ~$50K.

My findings have led me to: Jacksonville, Tampa, and Austin.In my Jacksonville research I am seeing:- A trend that the market is moving away from the more expensive coastal areas and moving towards i-95 in Baker & Nassau county, as it is more affordable and provides easier access to downtown Jacksonville- There has been significant development in the counties directly south of Jacksonville including St.

On the second renewal we give them a small discount as a symbol of appreciation and also to help make their decision to stay easier.

Without any other details, it just seems easier to me, if you are set on buying property like that

.$310,000 ARV x 70 % = $217,000 (All-in Cost Target)- $76,950 Rehab estimate = $140,050- $6,000 Holding costs (my standard estimate) = $134,050- $7,800 Closing costs (Purchase & Refinance) = $126,250$126,250 is my MAO.  

Run your cash flow numbers over the next few years and see how long it takes you to hit 20% in equity (don't forget transaction costs), and there is your target date for the refinance.A 4-plex is considered a residential loan vs. a commercial loan for your 40-unit, which are structured very different and won't have as many low/no money down options.Sounds like a great opportunity!