A huge thanks for BiggerPockets community, especially the emotional support when I was literally dealing with too many things and my mind won't stop and my mood gets swinging and less controllable.

Thanks for your support.

So I would like to get into real estate business for financial support.

After analyzing all of our options, we determined that the best decision, both financially and emotionally, is to move back home to have family support with the baby while house hacking a 3 or 4 family as she finishes school (my RE goals is to BRRRR properties until I can supplement my salary).

Buyers are allowed and should ask to see every detail of previous years numbers, Tax returns, leases, expenses etc, etc,.When a seller is not forthcoming with support for every financial claim they should expect buyers to put in extremely low offers.

It's simpler if your credit line is less than $250k, but I know of one bank that will go higher if your equity supports it.Avoid the big banks.  

Please don't forget to support us back by getting a new iphone every September, a new GoPro camera every December and a new Tesla every Febuary....Memphis is a beautiful city btw.....

There is usually enough sales volume and the properties tend to by similar enough to support using that valuation approach.

The problem is that SFHs are very expensive to maintain having only one tenant supporting your business per property.

Not that I don't appreciate people in this sector (complete opposite from the truth) I just don't think associated wages can support.