With all of that being said, I am excited to continue to learn and hopefully get to know many of you on a personal level as we learn and grow together!

So there are many more participants at the novice level who may not understand the risk/reward nature of this type of investment. 

So great levels of intelligence it does not take. 

At the end of the day, assuming the market at a high-level is strong, you must be able to trust in a strong, local team. 

Either the toilet is leaking below the floor level or there is degraded caulk/grout surrounding the tub/shower/walls.

In the case of a single family home house hack, say a single level ranch with a daylight basement - it lives and functions kind of like an up-down duplex, but the zoning and property type is 1 unit SFR.

Of course in the JV deals I do where we  come into title I pay tax at the state level if there is tax. 

Its always best to review your file with an investor friendly mortgage broker like ourselves to see what are your best options in terms of financing your next deal and get a high level understanding on how to enter a property and also exit a property.

They need to fail and learn at a small dollar level.  

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.