Rates were low in 2018, sales prices were reasonable, and rents were high, so the numbers worked in our favor.

Any recommendations or insights on how to find the right fit would be incredibly helpful.Tenant Screening: Lastly, I'm curious about effective strategies for finding high-quality tenants, especially when renting out rooms individually.

So just make sure that when you do have the convo (I do think that is a very high split for that person), you need to be diplomatic and realize that they may take offense to it or not want to reduce their split at all.  

@Farooq K.The numbers just don’t work in most places with this low inventory, high price homes with higher interest rates.

.- The 23 year old who just bought the first house-hack may teach us something game-changing.The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

Knowledge is Power but Knowledge without Action is useless. 

Share the love and I'll update the list.Property Search:Realtor: https://www.realtor.ca/REW: https://www.rew.ca/Zoocasa: https://www.zoocasa.com/Zolo: https://www.zolo.ca/Rent Info:Rentometer: https://www.rentometer.com/Rentals: https://rentals.ca/Craigslist: https://toronto.craigslist.ca/search/apa - change to your city (Very good interface, surprised for Craigslist)Padmapper: https://www.padmapper.com/Lending/Mortgage Rates:Ratehub: https://www.ratehub.ca/mortgagesRatespy: https://www.ratespy.com/Stats / Data:Stats Canada: https://www12.statcan.gc.ca/census-recensement/index-eng.cfmCensus Mapper: https://censusmapper.ca/ - Powerful if you know what you're looking forCity Data: http://www.city-data.com/canada/House Price Index: https://housepriceindex.ca/#maps=c11RBC: http://www.rbc.com/economics/economic-reports/canadian-housing-forecast.htmlDeal Analysis:Dealcheck:  https://app.dealcheck.io - They have a great App for mobiles tooThis list is nowhere near exhaustive.

The highly effective path to accumulating wealth in rapid time is the same, unhyped, path it’s always been:- Radically cut back on expenses by getting roommates, living in the smallest bedroom in the basement or attic for a few years, and househacking or renting cheaply.- Bike or walk to work- pack lunch and learn to cook.- Read a new business book or equivalent every week for years.- Amass liquidity as rapidly as possible.- Use that liquidity to purchase real estate or take shots at small business entreneurship.To more directly answer your question though, I think that the “live in flip” is one area that seems appealing right now, in Denver.

I’ve done some highly profitable “one off” deals in my 40+ years (and a few that turned out losers!)

The music hasn't yet started again - high rates, low inventory,  high prices and seller expectations.