Minor damage like chips and dings are easily fixed with a little putty and touch-up paint.I'd say pick a neutral color that looks good in the space and keep some extra paint on the side for whenever you turn the property over.

So, you can make money and learn invaluable lessons with a HH, but it's typically a much lower risk strategy than BRRR'ing, flipping or wholesaling--which are strategies that (when executed poorly) can easily bankrupt a beginner.Moreover, house hacking can be very lucrative, and there are multi-millionaires who built their fortunes on repetitive house hacking.Now, having said all that, house hacking isn't necessarily easy (if it were, everyone would do it)...it's just easier than the more advanced strategies...House hacking still takes significant due diligence, skill in analyzing the market and the property, time and effort to learn about tenant screening and property management, the ability to anticipate appreciation/depreciation trends, etc., etc., etc....and even with lots of skill and preparation, things will still go wrong (vacancy, plumbing leaks, bad tenants, etc.)

@Daniel Krantz - you hit that one to the cheap seats.

Now, better deals do come along, of course, but don't think you will just end up at $3,000/month quickly or easily. 

If they are professional, they can explain this quickly and easily.

We still have a few seats left. let's connect   

At about 9:30 they called eveyone back to their seats so they could announce the raffle winners.

My game plan is to rehab it as a single family (so that it will pass the inspection) but to have it setup so that it can easily be made into a duplex when ready (put up a wall and add an additional kitchen back to back with the current kitchen).

For condos you'll be easily over 200k, the only ones in the Bronx that I know of that are any less are Parkchester and maintenance is extremely high.Now as for a 2 family, I always would go this route first.

A free tenant is not someone that will be easily gotten out of there.