If you are looking at KC area and lees summit I have some good data for you.

Is building a new property for a house hack potentially a good idea if our goal is to continue to scale/grow our capital or should we just stick to looking at existing properties that need work and pull our money out post-renovation? 

For example, patching a small section of a roof would likely be considered a repair.However, there’s good news!

Good luck on everything!

Having umbrella insurance is good for another reason.

Good afternoon BP Community!

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.  

That's a good question.

Please tell me this is as good as I think it is.

Good luck!