House hacking is what I did in Columbus, Ohio when I started investing in 2020.Good luck on your journey and feel free to reach out if you ever need any guidance or advice.

We also run a free meetup every month in Westbury, NY if you're interested as well.

I want to finish my ADU project this year so I can be financially free.

They may be living there for free during the foreclosure/eviction process, and you'd still need to cover your expenses on the property out of pocket, and foreclosures can take many months or even years, and the property may come back to you in much worse condition than it is now.

Feel free to message me if you would like to jump on a call. - Chris Kersey

Yes, the 107 units was just at the moment I checked, but you're right, that wouldn't matter if I'm targeting current LTR landlords.Though, totally off-topic...I'm realized only considering this idea because I love having an MTR but feel I can't afford to do more of them myself.

https://getrefm.com/shop/free-refm-software/land-and-housing...

Feel free to reach out anytime!

So if your payments total $20k to them for the year that would be their gain for the year and it keeps them at a much lower tax bracket instead of having a massive gain all at once.

If you have specific questions or need further guidance on any aspect, feel free to ask the community.