Be prepared for a lower rent in your financial model.

Nice collection of nuggets in which i can prepare for even before having done it myself.Thanks @Jason Magee  for the double down.

Be prepared to get an updated appraisal.Best wishes.

Be prepared to have him make a hundred offers at a price to rent ratio that does work for you in order to find the one deal that will close.

I know the seller will have his own feelings on what he'd be willing to do, given that a large gain/loss could have tax implications for him and his business, but I want to be prepared to move forward with whatever option is available. 

I am now going to live in one unit and rent the other two while I save and prepare to finance the next one.

Drop out and jump in feet first and be prepared to lots of money...

I prepared mine with H&R block software and they made it pretty easy to enter my rental info.

Although it's a strategy that's good for beginners, there are plenty of very experienced RE investors who continue to HH.Plus, if you do decide to BRRR/Flip/wholesale a property in the future, you'll be much more prepared to do it if you have a HH or two under your belt--a ton of the lessons you'll learn from a HH can be used to successfully execute a BRRR/flip/wholesale!

Hey looking for recommendations for good tax preparer in the Atlanta area, preferably south Atlanta.