A HH also produces income and adds to your net worth—you can get cashflow from rent, property appreciation, mortgage pay down, and tax benefits.

If you house hack, even if only half of your mortgage is covered, you're likely still only going to be paying average rent in the area, right?

What type of mortgage are you refinancing into ? 

Do markets still exist where you can buy nearly turnkey rental property for $50k?

Existing property/ Lot and acquiring tenants for the rental .

Consult with a mortgage broker specializing in working with self-employed borrowers, this can only be beneficial to you.

Very few folks at BP have had true training in Mortgage Origination, Probate, BKs, Divorce, Wraps, AITDs, CFDs, Lease Options, Title Problems, Sub2 and Land Trusts, negotiating with the seller, DOTs and Mortgages, subordination of notes, substitution of collateral, etc.

UDFI is triggered if the asset is sold with an outstanding mortgage (on previous year-end). 

I have excellent credit, no debt other than mortgages, properties with great cashflow and equity, and i still continuously struggle with lenders. 

Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.