@Christopher AnelloHi Christopher, I am a firm believer in house hacking and highly suggest it to those just getting started in multifamily.It's the perfect way to learn the business from a very "boots on the ground" approach.

You can fund the deal (Your 20k+hard money/private funds) while your partner is the "boots on the ground" guy, completing the labor and splitting profits 50/50.Or some might say, try the BRRRR strategy out!

.), apartment repositions, and ground-up development projects.  

@Carol Venolia  our rental properties are the least of our problems .the lake co fire is devastating, over 700 homes burned to the ground one person diedAnd folks have lost their pets, horses are running around not knowing where to go and to horse owners this is like losing children.My brother lives in the affected area he is also a heavy equipment operator on Sat he got called to the butte fire  he has worked virtually non stop on fires this summer.

and amazing amenities like climbing walls, resort style pools, rooftop gardens, AND renters that are willing to pay top dollar for rents you have an A Class building.Ceiling heights will be 9’, and most new apartment complexes will have a parking garage vs ground floor parking.Most professional real estate investors look for the exit (who will buy the property at time of sale) when they build or buy apartment buildings.

When I had was in my owner occupied duplex I had a clause in my lease about abusive behavior being grounds for terminating the lease (I specifically included verbally abusive behavior because I can't stand hearing couples fight).

Thanks for bringing this up, I continue to listen to Dave to make sure I try to stay grounded and not over leverage myself.

Hi Corbin,I also own a 3-story townhouse rental in Houston but my water heater is on the ground floor.

I have excellent credit and will need to depend on private money lenders who are willing to find a middle ground for lending.

By the time he got there tiles were already on the ground.