![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2723939/small_1699417109-avatar-carlosq21.jpg?twic=v1/output=image&v=2)
8 May 2024 | 8 replies
Echoing what Nathan said-make sure you compare the scope of work both are planning on doing and vet your person.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2311815/small_1695514221-avatar-armins10.jpg?twic=v1/output=image&v=2)
8 May 2024 | 7 replies
We took the depreciation on our personal tax return in 2022.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1021257/small_1621507651-avatar-jeremyf59.jpg?twic=v1/output=image&v=2)
9 May 2024 | 9 replies
We are shooting for 3x income, but might settle for as low as 2x, if the person seems like a good candidate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1090075/small_1621508714-avatar-ramiror10.jpg?twic=v1/output=image&v=2)
8 May 2024 | 9 replies
I would vet them intensely and make sure the lease is personally guaranteed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1394532/small_1664831189-avatar-quintons16.jpg?twic=v1/output=image&v=2)
8 May 2024 | 2 replies
Haven't personally used either but they are both on my radar.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3009758/small_1714484395-avatar-dianat71.jpg?twic=v1/output=image&v=2)
9 May 2024 | 8 replies
It is a bit of a gamble, but personally, I always get my own bids from people I will hire and either take a credit on price or have title issue the checks directly to those contractors to get work done as soon as I close.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2960041/small_1722447090-avatar-michaelm3408.jpg?twic=v1/output=image&v=2)
8 May 2024 | 8 replies
As long as the person hasn't used RAFT in the recent past then RAFT will cover up to $7,000 for first, last and security as long as they qualify.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2825647/small_1694775828-avatar-baronw5.jpg?twic=v1/output=image&v=2)
9 May 2024 | 9 replies
James has time and time again always posted extremely helpful information on every post, he would be a great person to connect with.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2220364/small_1696025044-avatar-jeanp107.jpg?twic=v1/output=image&v=2)
8 May 2024 | 6 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2892459/small_1702235243-avatar-jordanj207.jpg?twic=v1/output=image&v=2)
9 May 2024 | 9 replies
My advice when looking at a house hack is to not get too in the weeds on how the property or building performs compared to other properties in the area, but rather view it from the lens of what it will do your personal finances and the impact it will have on your personal cost of living.