Continue to spend time on here reading up on house hacking/financing/being a landlord and everything else you can.

As you already know, you can learn a ton from the real estate experts on the site.Best wishes to you on continuing your journey to real estate investing success!

This is what you can do , leverage that 500k windfall that you now have , look at getting 3 duplexes in the 550k range, put 25% down on each , a mortgage of approx. 400k won't be unmanageable , hopefully after debt servicing and operating expenses, your net should be about 1k on each , and if you can manage these yourself maybe you can maximize your return.

It seems people are divided on whether the markets bubble will pop or continue to expand.

Currently I am a parking operations manager and I manage several parking facilities in the downtown Tacoma area.

Hello Rob,I help run operations for ONEprop Property Management throughout the State of Florida.

Is it smarter to buy a 500-600k house in Dana Point, CA where I live so that the 2k in rent isn't going toward nothing, or is it better to buy the 4 4-plexs to get 2k/month coming in and continue to rent?

I'm aware that some flippers become Buy & Hold investors to generate a passive income just to have a check continually coming in.

I know the market has exploded over the past few years and prices are high, but we believe its going to continue to rise so we want to hop on now.

@Logan LarochelleIt is pretty standard to pay for such a matter out of pocket and then settle with your insurer - this is why you have an operational reserve in the bank.