I have a lot of home renovation experience and along with 2 of my buddies, we have decided to team up and start flipping houses.

Dee - As a newer investor, some of the options using "Agency Debt" (aka Fannie and Freddie financing) may not be available to you as they require 2+ years experience in multifamily space.

I'm thinking about house hacking/live-in flip but I want to know what others' experiences have been in renting out multifamily and single family homes in the area.

Hey @Andy Terra, I've been working with https://integriava.com/ for a while and have had a great experience with them.

Have no experience. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

My goal is to live in this first property for at least 12 months (but realistically a few years) and have a roommate in the second bedroom to help offset the net costs.

Additionally, does anyone have any good recommendations for hard money lenders im the DC, Maryland, Virginia area that they have experience with?

@Britney DearEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We are here to help each other grow.Get as much knowledge and experience as possible and find a mentor.Join real estate investment clubs.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!