Now if you have a general person who stops in to do other small tasks or do more property management style tasks (walking through the house to inspect for damages, drop anything off guests may need, change water/HVAC filters etc.)

- BRRRR in North Carolina's Triad area- A house hack in Salt Lake City, Utah

The current market value of the NC property is around $260k, with an outstanding mortgage of about $160k, resulting in approximately $100k in equity.My current residence in Beaufort, SC is a 4-bed, 3-bath house with a higher interest rate of 6.5%.

You have a governmental authority using its power to hinder and regulate private transactions creating some kind of “litmus” test based on god knows whatYou have a seller remaining in a home he sold indefinitely.You have a lender that has twice filed for foreclosure You have a profit sharing arrangement upon resale with the seller/tenantYou’re performing repairs/maintenance on a house while occupied by the seller/tenantAny or all these are lawsuit magnets.If you buy a property, and the seller is a consumer, not an investor, you should NEVER do a profit participation.  

Currently where I am at is I have a duplex and a single-family house.

It's not that you can't find a nice house here or there south of say Coffeeville Road or even Price, but it's pretty rare.

@Joey Morgan if your client wants you to write subject to the existing mortgage, likely best to contact listing agent first and ask if seller is even interested, can save a lot of time if not.

when we got word that a local off market carwash was for sale decided that it would compliment our already existent detail clientele and made every move possible to get it in our ownership!

I simply bid low and negotiated up based on rental history of the house.

I am a beginner investor, I started off house hacking but due to my occupation I had to move and now that is being used as a long term rental.