Or house hack with 10-15% down + closing costs but same % of reserves.Until then, keep saving in a HYSA or as "risk-free" as on option with some yield will provide.You're not situated to be an REI right now, just deal with it.

Just because you don't call it "interest" doesn't mean it's an interest-free purchase.If they are incapable of getting financing through a bank, that indicates they are high-risk.

I could get behind you taking on a live in flip because the downside risk is fairly limited (it's a place for you to live if things go sideways, and you can take 2 years to slowly do all the work and reap the tax free gain).The way that you get killed in real estate is by running out of cash and/or being a forced seller.

Feel free to say hello here as we love to talk everything real estate!

I am totally fine with decreasing my lifestyle and being heavy liquid.

I like Doc Hub and you get 5 free document signatures a month.Once the lease is signed set them up with software you are going to use.

Feel free to reach out if you need any help. 

These are areas where you can still buy in under $100k and usually still expect rents at $800/mo and up with low vacancies.Feel free to reach out if you'd like to chat!

Feel free to reach out anytime. 

Hi everybody,I know the topic is trite and got innumerable discussions over time, but I still find little to address this specific scenario.I am about to rent out a house for the first time, 4 separate single rooms, 4 separate tenants unrelated to each other.I can totally see the convenience of letting (say) a family take over all the bills for the property, but how could that work with 4 separate tenants?