However, I can actually buy houses and get it done fast, which is what I need at this stage of the game. 

I plan to remove two existing houses and build ~3 new ones.If anyone here had similar projects in Bellevue, I’d love to connect and learn from you.

The property we want has been vacant for 2+ years now and it’s 4 houses down from us.

I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!

Since this is an FHA Streamline, there is no appraisal, no income verification, no employment verification, no out-of-pocket costs, and nothing rolled into the new loan.

.#3 Higher Rent Potential:ADUs offer an additional income stream, allowing investors to charge higher rents overall.

What kind of money do you have invested in that mirror house?

This provides immediate income and appreciation potential.Allocate another portion (e.g., $200k-$400k) as down payments on larger multifamily properties (5-20 units) in growth markets, utilizing leverage.

From flipping houses to rentals ask me anything message me, maybe at some point I can help you find your first flip or Rental.

I am interested in house hacking around the Camden/Burlington county areas (towns like Cherry Hill, Mount Laurel, Collingswood, etc), specifically at duplex/multifamily properties.