During the first year, I utilized a house-hacking strategy, renting out bedrooms while living on-site.

Perhaps he could implement some other tax strategy to offset the distribution.  

Looking to connect with local community members who have high standards and great work ethic so we can learn, build partnerships and make some money together :) - fellow investors to exchange knowledge, partner on deals, etc (both local and out of state)- investor friendly lenders who can provide holistic service across different loan types- investor friendly real estate agents that I can partner with (mainly on acquisition)- serious wholesalers with solid deals- GCs, trades people, builders of new homes and ADUs- inspectorsI am early in the journey and considering a number of strategies, would love to learn what has or has not worked in the past, and maybe even create some new playbooks together in this ever-changing market.cheers,Max

Exit strategy is refinance 800k, the projected rent roll is 10k to 15k. 

I would say rent prices have not kept up with sales prices if you are using a long term buy and hold strategy. 

Hi Connor, Congrats, househacking is a great strategy and it sounds like you have a good plan in place.

I’m really trying to nail down the details of this strategy and hope this thread helps someone else as well. 

Figuring out how to work with those items with modern day building materials and strategies took some brainstorming.

My long term goal was “get rich”, and my strategy for any investment was “make money”, LOL.  

My rough strategy is buy SFH (older but (semi) recently remodeled B- to A- properties in good areas likely to continue appreciating and attracting good, trouble-free tenants) 0% down VA (may consider a small amount on second property, like up to 3% just to speed things along) and stay in it as my own primary residence until at least 10% of purchase price paid off and able to cashflow 300+/ month after mortgage, taxes, insurance and 15% set aside for repairs, vacancy, and maintenance (like I said, I'm not overly interested in rental RE, so I want to be sure it's lower effort and worth my time in return).