Considering buying a house for my son to live in with a couple of additional guys.I started my real estate investing career doing that for my son in 2018.

So I'll go out there and find some cash buyer looking for rental :)Thank you, Mitch, you helped me a lot and taught me a few new things in the real estate business! 

To Find a house on the beach you will be looking at paying over a million. 

House hacking is a great idea for your first property, so I hope you find the same success so many others have.

You'll also find links to the full list of costs to consider.

Once that is done and the dust has settled, you can go after the contractor (if you can find him) in small claims court. 

Research emerging neighborhoods, find properties using MLS, Zillow, and Redfin, explore financing options, form partnerships, analyze deals using BRRRR calculators, and manage the rehab process.

If I’m not out scouting properties, you can often find me on a nearby golf course.Excited to learn and connect with you all!

Yes, this is pretty normal - generally conventional loans like this are super competitive (since everyones essentially offering the same product) so shopping and finding some deals especially with smaller banks and brokers can yield good rates well under the "prevailing headline market rates"

The short term rental is more aligned with my long term goals, but it is just skipping ahead by a few years and skipping over the 3 long term rentals I had Initially planned for my portfolio.Do I keep the property and maybe drop the rent under market value, while also coming about of pocket until we find new tenants, or sell and use the equity towards short term?