Your traditional bank in most instances is going to take the loan and resell it on the secondary market.For House Hacking, my favorite concept is  purchasing a duplex, triplex or quadplex, you accomplish 2 things in 1 step, you get a roof over your head, and at a minimum you get someone else to help pay for your mortgage, and when its time to move out, you already have your 1st investment property under your belt.

I would not invest if the good guys are losing ground, but that would run counter to your description that it is an appreciating area.It looks fine to invest in for the information you shared if the long term forecast for the area is safe and stable to improving.

Investment Info:Other commercial investment investment.

For example, there's a 1950 duplex for sale (West Palm Beach, FL) for $500k with each tenant (MoM) paying $1,500 = $3k/moThe mortgage is $2.8k/moWould this be a bad investment because you would have to factor improvements and possible vacancy?

My husband and I are new to real estate investing and currently seeking for our first rental property investment, preferably a multifamily (2-4 unit) home.

I stay in Frankfurt and I would love to invest with BRRRR strategy.

I’ve already considered investing in multi-family homes but their business model and content seemed almost too good to be true.And I believe I’d be well-positioned to do this on my own if I were in one of the markets the Flip System targets, but what really caught my attention was the leverage they offer — network of contractors, etc.

@Jeff EbertRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Newby investor doesn’t factor in maintenance, capex, turn over costs, vacancy costs the same as another investor.  

Hey everyone, I recently wrote a post about investing in the Fort Drum area/ Watertown NY.