You have outlined simple steps for young individuals to set themselves up for their first purchase of an investment property. 

The concept is simple.

For sake of simple math, I'm going to assume you got a smoking hot loan at 6%.

This guy doesn't have a script, just legal docs and contracts, that he said he WOULD cover fully.Thanks for the simple answer though, since the 1000 would slow me down on the house hack, I probably shouldn't do it.

Purchase tax software or hire an Accountant – Tax software is great and I recommend it for low income owners with simple w-2.

** I have attached a simple mood board to give an idea of the design scheme.

Simple as that. 

Hello @Hayden W Gibson,To keep it simple, whether you invest now or wait a bit, having the cash down payment is only one piece of the puzzle.

John -- once you've met the substantial improvement threshold then yes, the 90% test will be pretty simple for a single-asset entity. 

Ideally, I am looking for someone with familiarity with investing in out-of-state rental properties, but other than that, it's a relatively simple/standard situation.Robert Leonard