Hello everyone, I have my first 4 plex under contract and I’m planning on house hacking it.

Plan on needing to make 2x what you made in your W2 job.

If you're planning on using traditional financing, your DTI will come into play.

Given your time constraints, you'll want to spend a lot of upfront time figuring this all out, to avoid even more time spent in the future trying to fix a mess if you choose the wrong people to deal with:)PM us if you'd like to discuss more about doing this the right way.

And planning to take rent via cashier check/money order. 

Start with a small plan and work from there.

This is more for future financial planning, but it will incorporate REI for the meantime.

I understand that these plans are for self-employed individuals or those running a side business of some kind.  

I have quite some questions that need your help: For tenant screening, I plan to do the routine background (eviction, criminal) screening and credit check.

If you love the events, you have to plan and adjust to make those.