Now you can find houses through agents, websites, apps, and get instant notifications when the right house hits the market.

And, the fact they're charging the price UPFRONT instantly removes their accountability, trust me.  

We were able to obtain financing on the property and the bank appraisal came in well over purchase price for instant equity. 25% downpayment with 30-year ARM @ 6.8% total monthly payment $1,831Me and my partner are implementing the BRRRR investment strategy.

It will probably cost them more than $4k if they could just snap their fingers and be moved instantly. 

1 phone. 1 number.Whether you are my grandma, a potential home buyer/seller or an angry tenant you get that number.No google voice.If I call someone & I hear "waiting for google subscriber to connect" or whatever it is that it says I instantly think "what are they hiding from?"

Once you pass the tipping point of having a higher cash value then you have paid into it then any money you put into it you get an instant return on it and can draw out more then you put in that yr.   

We had no idea to what extent, but 5 acres on Lake Charlevoix and with three potential dwellings/rentals on one parcel, it would be a cash cow How did you find this deal and how did you negotiate it?

The remainder of the budget was all for renovations and adding bedrooms to main floor.The lot is zoned R1A, so with the 2040 Plan it has the ability to have up to 3 dwelling units.

IRC Sec 280A(c)(5).A "house hack" in which one rents out rooms in their residence gets complicated under IRC Sec 280A as we're talking about one dwelling unit that is also used as a residence.IRC Sec 280A essentially functions as a traffic cop... 

I would consider looking into ADUs (additional dwelling units), can do garage conversion for 50k or so (depending on variety of variables), and rent out with good ROI.