That is when I identified House Hacking as my entry way to the real estate investing world.From there, I've been analyzing properties and deals as I save up for my purchase.

In a town with lower incomes but two blocks from main street with shops and restaurants. 6.

Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.

Have a local bank providing the loan, have my son moving into the lower level so I got an FHA 3.5% loan and the property is valued at 220k. 

I’m going to try to get it lower but no higher then 145k.

Living in a basement sucks, and rent is lower as a result, and turnover higher.

Also, my husband especially, would like for us to move into more "hands off" investments even if that means somewhat lower returns.I have seen Delaware Statutory Trusts advertised as a vehicle for investing 1031 funds.

It looks like she's already paying more than the ARV, so I would suggest trying get a bit lower on the asking price and budget at least $10,000 reserves up front for unexpected surprises. 

This would be an alternative (and lower amount) to the predetermined amount they would contribute toward each semester of college tuition.

I don’t plan on purchasing this property as I am due to move and be out of the country here soon, but when I get back into the lower 48 I am planning on taking more action on potential deals.