@JoeyNoelThat is smart advise.

The plan is to eventually refi this property with a conventional loan and cash-out to continue with additional property purchases.You're doing a very smart thing with the house hacking technique.

I just got an S5 smart phone and when I tried logging into BP with the same info that works just fine on my PC, it's says the username or password is incorrect. 

Things we can bring to the table:1- Realtor - access to the MLS for finding and negotiating the best deals 2- Contractor - licensed and insured and in business for 10 years to bring renovation costs down to make more money 3- Money - We have about 20k in Home Depot and Lowe's cards to repair the house4- Work - Willing to do the leg work to find great deals and do complete renovations Problems:1- Credit - My credit is in ok shape, 650 to 700 due to medical bills. 2- Money - I have enough money to do renovationsGoal - Need a smart investor to purchase property with, be a mentor to show us the way.

Is this a 'smart' real estate investment decision to buy another and rent our current house, or should I wait?  

Thats pretty smart.

BP has the "smart move" tenant screening under resources I've used it a few times and really enjoy the simplicity/hands off approach. 

Hi there. I want to purchase my first SFH to rent. Purchase price will be around $100k. I'll receive at least $1k month in rent. I am 30 y/o. I work from home full time.I am having a lot of issues trying to work with ...

@Jesse SteinIf you can use that $50,000 and earn more than what you would having it otherwise locked up in the property, this could be a smart thing to do.

Hey everyone whats going on? Recently my cousin came across a house that we are looking to invest in.  The house is a short sale and has been abandoned for about 3 years now after hurricane sandy.  The exterior of the...