I have been appreciating the Bigger Pockets wealth of information, and in fact has been a key resource to bolster our confidence and continue making strides towards more investment property.

Lots of time to buy houses.  

I am not sure what the ARV would be, specially because the other houses in that street currently have a lower value than what this house is listed for.

My current goal is to start with house hacking and move on to long-term single-family rentals.

I just got the notification from the city that there is a new apartment complex that will come up right in front of my house.

House Hacking Strategies: Examine various house hacking techniques, such as renting out individual rooms or residing in one flat and renting out the others.

I'm not sure how much of that is going on right now, but I'm sure there are always traveling nurses and doctors coming into this area that need short term housing.A lot, of property management companies will only do a minimum of one year leases, but I think there is good value to be had in the short term rental game, as long as you have a good strategy and a management company that is align with your vision.When I was leasing full-time, I used to get a lot of calls from insurance companies who have clients who's properties have been in a fire or some natural disaster and need short term housing, and they're also willing to pay a lot higher than market rent. 

For water we always keep that in the owner's name (since, in our area at least, water bills run with the house and not the customer).

Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $70,000

Sale price: $210,000

Purchased this property from family of the deceased owner , it was in bad shape and wa...