Both GC's work on distressed properties so are hedging playing it safe as I just asked them for budgetary numbers to help determine if I should do this deal or not.I do have 10%+ in cash reserves already.

Its a product we offer, just doesn't get a lot of play, because its a pain to refinance that seller out down the road.

Part of this is a diversification play. 

I'm under no pressure to do or buy anything so watching the CRE space play out from the sidelines works just fine for me.If that's your definition of a clown, it's time for me to go paint my face! 

Seems to me the play today is simply be a preferred equity investor. 

Hoarders get attached to their belongings so not only do they not want to let go of all the stuff, they don't want to leave.If it's an heir of a hoarder, the play is easy.

So is getting a lease for a 1bed/1bath (or 2bed/1bath) for 12 months, then relisting it for midterm a better play?

We’ll see in 24 mo if my strategy plays out.

interest rates appreciation and rent growth play a huge roll in brrrr and housing hacking 

It's been nice to build different plans and seeing how/when the addition of more rental properties plays out in reaching my financial goals.Just wanted to share, thought others here might enjoy it too!