On the other side, deals that are negative cash flow deals and your banking on appreciation are closer to gambling than I like. 

This means you will be $5k out of pocket, and $5k negative and have to recover the full $5k before you are positive again.If you bury that $5k in the original financing, it will cost you about $25/month (Added to your monthly mortgage payment), or $300/year. 

Hello @Przemek Kos,I hear you and I have had a tenant who stopped paying rent from the negative impact of COVID. 5 other tenants have had no issues so far. 

In addition places like biggerpockets and other real estate knowledge mediums will also contribute to higher house prices(I don't mean this in a negative way but as everyone figures out things like house hacking it drives prices up) People and maybe eventually banks will start to buy/write loans not based on just the person's income, but let's say they buy a 4-bedroom and can rent 2/3 rooms on Airbnb.

Im 19 years old and I only have a couple thousand right now. 

Thus, you can have many mortgage related credit pulls within a 30-day window and only the first pull will negatively impact your scores.

Therefore i only raised it to $850 when it was time to renew the lease.

Sometimes I only catch it after they’re finished and want to be paid.

That said though, although I own a primary residence on O'ahu, I only own investment property on the mainland because I get a higher cap rate and fortunately I'm in areas were appreciation has been very good (Boise, ID and Tacoma, WA).  

., more than half of the calendar year) for the Borrower's personal use and enjoymentThe Borrower may rent the property on a short-term basis provided that the property is not subject to any rental pools or agreements that require the Borrower to rent the property, give a management company or entity control over the occupancy of the property or involve revenue sharing between any owners and the developer or another partyYou were right @John Transue and @Keyla Rosario and @Brent Huling I only need to occupy it part time, and can rent it out with no penalty of fraud.